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The Latest Breaking News from Broadcom

Nvidia Launches New Chip To Boost AI Coding And Video Tools

On Tuesday, Nvidia (NASDAQ:NVDA) unveiled the Rubin CPX (Core Partitioned X-celerator) GPU (Graphics Processing Unit), a new processor class built for massive-context artificial intelligence workloads such as million-token coding and generative video at the AI Infra Summit.

Benzinga

Analyst Slashes Nvidia Price Target By 5%, Citing Intensifying AI Chip Rivalry From Broadcom And Google

Nvidia Corporation (NASDAQ:NVDA) has seen its price target slashed by Citi due to increasing competition in the artificial intelligence (AI) chip market.

Benzinga

A $10 Billion Reason to Buy Broadcom Stock Now

Broadcom is a mega-cap semiconductor stock that continues to grow at a stellar pace given its expanding portfolio of AI chips.

Barchart

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Nvidia’s Rally Is Facing a Reality Check: Should You Buy NVDA Stock Despite Citi’s Target Price Cut?

Nvidia's rally is facing a reality check amid fears of competition in the AI chip market. It however makes sense to buy the pessimism towards NVDA.

Barchart

As Broadcom Wins a New AI Customer, Is AVGO Stock a Buy Now?

Over the past 12 months, Broadcom stock has surged significantly, driven by strong demand for the company’s AI semiconductors.

Barchart

Down 7% in the Past Month, Should You Buy the Dip in Nvidia Stock Today While You Still Can?

Nvidia stock pulled back after Broadcom said its XPUs are gaining traction among hyperscalers. Citi recommends loading up on NVDA shares on the dip.

Barchart

Broadcom Ramps Up AI Ambitions With High-Stakes OpenAI Deal

Broadcom (NASDAQ:AVGO) has evolved from a smartphone component supplier into a major player in artificial intelligence chips and networking solutions, capitalizing on rising demand from tech giants building large-scale data centers. The stock gained attention Monday following reports of its partnership with OpenAI.

Benzinga

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Stocks Set to Open Higher as Fed Rate-Cut Expectations Rise, U.S. Inflation Data Awaited

September S&P 500 E-Mini futures (ESU25) are up +0.26%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.34% this morning, pointing to a higher open on Wall Street as investors boosted their expectations for how much the Federal Reserve will cut interest rates this year.

Barchart

Figma And Lululemon Are Among Top 10 Large Cap Losers Last Week (September 1- September 5): Are The Others In Your Portfolio?

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?

Benzinga

Benzinga Bulls And Bears: Alphabet, Broadcom, Lululemon — And Gold Rush Continues

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Benzinga

OpenAI widely thought to be Broadcom's mystery $10 billion custom AI processor customer — order could be for millions of AI processors

Broadcom has secured a $10 billion deal to supply custom AI accelerators and rack-scale hardware to an undisclosed customer — widely believed to be OpenAI — signaling that the design has been validated and full-scale deployment is on track for late 2026.

Tom’s Hardware

Stocks Slip as Job Growth Stalls: Stock Market Today

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

Kiplinger

Options Corner: Why Nvidia's Red-Stained Chart May Be Good News For Contrarian Investors

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…

Benzinga

Broadcom Stock Is Trading Higher Friday: What's Going On?

Broadcom Inc. (NASDAQ:AVGO) shares are trading higher Friday after the company reported better-than-expected third quarter financial results and issued fourth quarter sales guidance above estimates on Thursday.

Benzinga

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Benzinga

Nvidia's Empire Just Took A Hit - Broadcom's $10 Billion Deal Is The Plot Twist

For years, Nvidia Corp (NASDAQ:NVDA) has been the undisputed king of AI hardware, but OpenAI just threw a curveball. The ChatGPT maker has inked a $10 billion deal with Broadcom Inc (NASDAQ:AVGO) to co-design and mass-produce its own AI chips by 2026, signaling a seismic shift away from Nvidia's grip…

Benzinga

Broadcom Bets Big On AI: Possible New Partnership With OpenAI Sparks Rally

Broadcom Inc (NASDAQ:AVGO) shares rallied in early trading on Friday on media reports of its possible partnership with OpenAI, which is gearing up to mass-produce its first proprietary AI chip.

PC Gamer

OpenAI has teamed up with Broadcom to make its own AI processors, according to a report, possibly as part of a long-term plan to move away from Nvidia's GPUs

Broadcom recently announced a $10 billion deal with one unnamed customer. Hmmm.

Benzinga

What Is Going On With Taiwan Semicoductor On Friday?

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

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Barchart

Broadcom's Free Cash Flow Surges With Higher FCF Margins, Implying a 25% Higher Value for AVGO Stock

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.

Benzinga

What's Going On With Marvell Technology Stock Friday?

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

MarketBeat

Why Marvell’s 19% Drop Could Be a Big Buy-the-Dip Opportunity

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.

Benzinga

What's Going On With Nvidia Stock Friday?

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.

Benzinga

Broadcom's CEO Hock Tan Declares 'The Network Is The Computer' — Says Ethernet Is The Backbone For AI Scale-Out

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.

Benzinga

ABM Industries, Broadcom And 3 Stocks To Watch Heading Into Friday

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

Benzinga

Hock Tan's CEO Stint Saw Broadcom's Stock Shoot Up 26,750% After Listing, Now He's Staying On Amid Explosive AI Revenue Gains, Nvidia Rivalry

Broadcom Inc. (NASDAQ:AVGO) has extended CEO Hock Tan's leadership through 2030, rewarding the executive who has overseen a staggering 26,750% stock surge while steering the company into the heart of the artificial intelligence hardware race against Nvidia Corporation (NASDAQ:NVDA).

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