The Latest Breaking News from Broadcom Inc

With the Biden administration ramping up investment in the semiconductor industry, it is well-positioned to grow. Given the industry’s long-term growth prospects, it could be wise to buy fundamentally strong chip stocks Taiwan Semiconductor Manufacturing Company (TSM), Broadcom (AVGO), and Xperi (XPER).

While a remarkable improvement in inflation and a lower interest rate hike have boosted investors’ confidence, Fed’s recent comments indicate that rate hikes might continue. The Nasdaq Composite has witnessed a freefall amid market volatility this year. However, quality Nasdaq stocks PepsiCo (PEP), Broadcom (AVGO), and Comcast Corp. (CMCSA), which…

The semiconductor industry is currently witnessing a slowdown in demand due to rising inflation and the Fed’s monetary policy tightening, leading to several chip stocks slumping in price. However, lucrative government investments and a growing chip market should drive the industry’s long-term growth. So, we think investors could consider buying…

Advanced Micro Devices (AMD) has lowered its revenue guidance for the third quarter, and its shares have declined more than 55% year-to-date. So, instead of AMD, it could be wise to invest in semiconductor stock Broadcom (AVGO), which is well positioned to survive market volatility better. Read on….

Cloud computing is expected to see increasing demand in the foreseeable future, given its role in hybrid operational structures and the ongoing digital transformation across various industries globally. Given this backdrop, industry leaders in the cloud computing space Microsoft (MSFT), Broadcom (AVGO), and Oracle Corp. (ORCL), could be ideal buys…

The semiconductor industry is currently being challenged by demand pullback amid rising odds of a recession. However, given the increasing use of semiconductors and supportive legislation, the current tech selloff has created an excellent opportunity for investors to load up on quality semiconductor stocks Broadcom (AVGO), Qualcomm (QCOM), and Rambus…

Lucrative government funding and steady demand are expected to help the semiconductor industry grow in the long term. However, popular chipmaker Advanced Micro Devices (AMD) seems to be on a downtrend lately. And we believe investors looking to invest in semiconductor stocks could buy Broadcom (AVGO), NXP Semiconductors (NXPI), STMicroelectronics…

NVIDIA Corporation (NVDA) recently cited macroeconomic issues for having hampered consumer demand. Moreover, the company missed the consensus revenue and EPS estimates in the last reported quarter. And we think investors wanting to avoid NVDA could invest in quality tech stocks Broadcom (AVGO), QUALCOMM (QCOM), and CEVA (CEVA) instead. Keep…

Semiconductor industry continues to struggle with supply chain issues. However, despite such challenges, semiconductor sales increased year-over-year in July. Moreover, given the solid long-term prospects of the industry, it could be wise to add quality semiconductor stocks Broadcom (AVGO), QUALCOMM (QCOM), Micron Technology (MU), and Photronics (PLAB) to your portfolio.…