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The Latest Breaking News from Harlan Sur

Semiconductor Stocks Led By AMD, Intel, Nvidia Get Boost From Wall Street Analyst

Semiconductor stocks are rocking as investors buy into excitement over artificial intelligence and other market drivers.

Investors Business Daily

Here's Why JPMorgan Sees Meta As Broadcom's Next Billion-Dollar Customer

Facebook parent Meta Platforms Inc (NASDAQ:FB) looks to use Broadcom Inc's (NASDAQ:AVGO) custom chips to build its metaverse hardware, becoming the chipmaker's next billion-dollar ASIC customer, J.P. Morgan analysts said. The analysts saw application-specific integrated circuit chips drive approximately $2 billion to $2.5 billion in revenue for Broadcom in 2022, aided by its deals…

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