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The Latest Breaking News from Hock Tan

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

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

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.

Benzinga

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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

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

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

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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

As Broadcom Launches Tomahawk Ultra Shipments, Should You Buy, Sell, or Hold AVGO Stock?

Broadcom stock has been on an absolute tear in the last decade and is poised to benefit from the AI megatrend. Is AVGO stock still a good buy?

Barchart

Can Broadcom Stock Hit $400 in 2025?

HSBC has slapped a Street-high $400 price target on Broadcom stock.

Barchart

Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Here?

HSBC raised its price target on Broadcom stock to $400. But AVGO shares, at current levels, are not particularly inexpensive to own.

Barchart

New All-Time Highs Coming for Broadcom? Wall Street Says Yes

Could Broadcom shares hit $300? The latest price target data from Wall Street analysts shows potential for the stock to significantly surpass all-time highs.

MarketBeat

Here Are the Top 3 Stocks Dan Ives Is Betting On in His New AI ETF

The top three AI stocks in the IVES ETF include Microsoft, Nvidia, and Broadcom. Should you own these top AI stocks right now?

Barchart

Broadcom Slides on Solid Earnings, AI Outlook Still Strong

Broadcom posted Q2 results that beat estimates, but only by an inch. With shares still near highs, the focus remains on its four potential hyperscale customers.

MarketBeat

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Fortune

Intel's incoming Malaysian-born CEO is the latest Fortune 500 semiconductor exec to hail from Asia

Lip-Bu Tan, who was born in Malaysia and went to university in Singapore, will take over as Intel's CEO on March 18. The news sent shares up over 10%.

Fortune

Broadcom shares pop as the U.S. chipmaker brings good news to the AI sector

Broadcom's share price rose by as much as 14% in extended trading, after the firm reported healthy demand for its custom AI chips.

Barchart

Experts Think a Broadcom Stock Split Is Coming in 2025. Should You Buy AVGO Now?

The prospective split comes close to its recent one in July.

TechRadar

Apple's new BFF, Broadcom, reveals three hyperscalers want to deploy 1,000,000 GPUs or XPUs by 2027; something that will make Nvidia wince

Three hyperscalers approach Broadcom to deploy 1,000,000 GPUs or XPUs by 2027.

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Tom’s Hardware

Broadcom has no Interest in buying Intel: CEO says no one asked

Hock Tan dismisses an idea to acquire Intel, as Broadcom still has to devour VMware.

MarketBeat

Broadcom’s Stellar Outlook Sparks Hopes for a Semi Sector Rally

The semi ETF (SMH) has reclaimed key technical levels and is approaching significant resistance, signaling a potential breakout as investor sentiment improves.

Barchart

This AI Stock Could Get Supercharged in 2025 Thanks to Apple

The reported collaboration with the iPhone maker is expected to boost the stock.

Fortune

Broadcom surges 20%, hits $1 trillion valuation on AI boom

Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion.

Barchart

Now Valued at $1 Trillion, Is Broadcom Stock Still a Buy?

AVGO stock has spiked 20% today on upbeat guidance, and analysts expect the stock to keep rising on AI-fueled growth.

Fortune

A $803 billion company most people have never heard of just knocked Tesla out of the Magnificent 7

Broadcom has flown under the radar for years, but it’s about to become a household name.

TechRadar

VMware called out after apparently offering this major customer a huge price rise

AT&T is looking to migrate despite the anticipated $40-50 million cost thanks to VMware’s 1,050% price hike.

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