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The Latest Breaking News from Broadcom

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

Dow Jones Futures Rise, AppLovin And Robinhood Set To Jump; Apple iPhone Event Due

Dow Jones futures: The stock market had a mixed week but is right at highs. The Apple iPhone event looms. Nvidia, Tesla, AppLovin are in focus.

Investors Business Daily

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

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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

AI Chip Business Fuels Broadcom's Strong Quarterly Report

Broadcom stock rocketed after the company delivered a beat-and-raise earnings report and touted its robust AI chip business.

Investors Business Daily

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.

Benzinga

Stock Market Hits New Highs On Google, Broadcom, Jobs Report: Weekly Review

The Dow Jones, S&P 500 and Nasdaq hit record highs Friday, buoyed by Google, Broadcom and the monthly jobs report.

Investors Business Daily

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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.

PC Gamer

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.

Barchart

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.

Benzinga

Stock Market Today: Dow Slides As Nasdaq Scores Weekly Gains; Nvidia Breaks Key Level As Tesla Rises (Live Coverage)

The Dow Jones index fell Friday after a weak August jobs report. Nvidia stock sold off, while Tesla rallied.

Investors Business Daily

Nvidia Goes AWOL As Funds Feast On Broadcom, Google, Palantir — And Much More

As Nvidia falls off, AI megacaps Broadcom, Google, Meta, Palantir, AppLovin and more pop onto the this list of new buys by top funds.

Investors Business Daily

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.

MarketBeat

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

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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).

Benzinga

OpenAI To Mass-Produce 1st Proprietary AI Chip With Broadcom, Secures $10 Billion Deal: Report

OpenAI is set to begin mass production of its first proprietary artificial intelligence chip next year through a partnership with Broadcom Inc. (NASDAQ:AVGO), marking a strategic shift away from its reliance on Nvidia Corp. (NASDAQ:NVDA) amid surging demand for artificial intelligence computing power.

Benzinga

Broadcom, Lululemon, Opendoor, Docusign And Neonode: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks advanced on Thursday, with the Nasdaq Composite jumping over 200 points, or nearly 1%, to 21,707.69. The SP 500 added 0.8% to finish at 6,502.08, while the Dow Jones Industrial Average also rose 0.8%, closing at 45,621.29.These are the top stocks that gained the attention of retail traders…

Investors Business Daily

Dow Jones Futures: Market Eyes High As Jobs Report Looms, Broadcom Soars; $1 Trillion For Elon Musk

The stock market is eyeing highs as AI giant Broadcom soars, but the jobs report is due. Tesla proposed a $1 trillion Elon Musk pay deal.

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Investors Business Daily

Broadcom Delivers Beat-And-Raise Report On AI Strength

Broadcom beat analyst estimates for its fiscal third quarter and guided above views for sales in the current period. Broadcom stock rose on the news.

Benzinga

4 AI Stocks To Consider As Nvidia Shares Slide

All good things eventually come to an end, and the massive rally in Nvidia Corp. (NASDAQ:NVDA) appears to be finally losing steam. The seminal semiconductor stock has rallied nearly 100% following its April lows and has basically traded flat over the last month.

Benzinga

How To Earn $500 A Month From Broadcom Stock Ahead Of Q3 Earnings

Broadcom Inc. (NASDAQ:AVGO) will release earnings results for the third quarter after the closing bell on Thursday, Sept. 4.

Barchart

Stocks Rise Before the Open as Fed Rate-Cut Bets Grow, U.S. ADP Jobs Report in Focus

September S&P 500 E-Mini futures (ESU25) are up +0.19%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.33% this morning as Treasury yields extended their decline after the latest jobs report made it all but certain that the Federal Reserve will cut interest rates this month.

TechRadar

Tesco sues Broadcom over apparent breach of contract regarding VMware licenses

Tesco is the latest firm to complain about Broadcom’s termination of perpetual VMware licenses.

Benzinga

Broadcom Q3 Preview: Can Nvidia's 'Baby Brother' Beat Estimates Once Again?

Semiconductor giant Broadcom Inc (NASDAQ:AVGO) reports third-quarter financial results after market close on Thursday.

Investors Business Daily

Broadcom Stock: Here's A Possible Options Move With Earnings Due

Broadcom is to report earnings Thursday and the market sees higher volatility. A cash-secured put could take advantage of this.

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