The Latest Breaking News from Broadcom

The August jobs report came in much weaker than expected, while the unemployment rate ticked higher.

Both history and folklore are replete with accounts of circumstances looking incredibly grim — until an unexpected catalyst delivers a much-needed reprieve. Investors of semiconductor giant Nvidia Corp (NASDAQ:NVDA) will be hoping for just such a turnaround. While the company has practically been synonymous with the remarkable rise of artificial…

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock trended on Friday after client Broadcom (NASDAQ:AVGO) revealed its quarterly results on Thursday.

Broadcom, a direct competitor to Nvidia in AI chip making, saw its Q3 free cash flow surge again, along with a rise in its FCF margins on strong AI-related chip demand. That could push AVGO stock over 25% higher.

Marvell Technology (NASDAQ:MRVL) stock trended Friday after competitor Broadcom (NASDAQ:AVGO) delivered strong quarterly earnings.

After Marvell's huge post-earnings fall, Wall Street analysts now see 40% upside in shares. The stock's drop may have been a significant overreaction.

Nvidia Corp. (NASDAQ:NVDA) shares traded lower Friday after Broadcom Inc. (NASDAQ:AVGO) delivered stronger-than-expected quarterly results and confirmed a landmark partnership with OpenAI that could intensify competition in the artificial intelligence hardware market.

Broadcom Inc.’s (NASDAQ:AVGO) CEO, Hock Tan, is doubling down on Ethernet as the default interconnect for the AI era, saying the company's networking architecture is essential for training large language models at scale.

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: