Tag:

Broadcom

Meta ramps up AI push with expanded Broadcom agreement

Meta Platforms (META) will work with chip designer Broadcom (AVGO) to produce several generations of custom artificial intelligence processors under an expanded agreement, as the social media company accelerates efforts to expand computing capacity for AI features across its platforms.

15 Apr 2026-10:15
Broadcom, Google strike major AI chip deal through 2031

Broadcom has secured a long-term partnership with Google to develop next-generation custom artificial intelligence chips, signaling a deeper push into the rapidly expanding AI hardware race.

07 Apr 2026-09:30
Marvell shares jump as AI chip demand drives strong outlook

Shares of Marvell Technology surged nearly 12% in premarket trading Friday after the chipmaker projected strong multi-year growth fueled by booming demand for artificial-intelligence infrastructure.

06 Mar 2026-14:56
Broadcom CEO expects AI chip revenue over $100B

Broadcom Broadcom Inc. CEO Hock Tan says the company’s AI chip revenue is expected to soar well above $100 billion in 2027, fueled by strong demand for custom silicon designs from major tech companies.

05 Mar 2026-10:55
Cisco unveils AI networking chip to rival Nvidia, Broadcom

Cisco Systems on Tuesday unveiled a new artificial intelligence–focused networking chip and router, stepping up competition with Broadcom and Nvidia for a share of the rapidly expanding $600 billion AI infrastructure spending market.

10 Feb 2026-14:08
JPMorgan sees high risk in overcrowded speculative stocks

Recent volatility in U.S. equity markets underscores a risk that strategists at JPMorgan Chase & Co. have been highlighting: “extreme crowding” in stocks that have seen significant rallies this year.

18 Dec 2025-16:33
Broadcom shares fall despite strong AI revenue outlook

Broadcom shares fell 4.7% in Frankfurt on Friday, a day after the company forecasted first-quarter revenue above Wall Street expectations but warned that profit margins would decline due to a higher proportion of AI-related revenue.

12 Dec 2025-11:25
OpenAI partners with Broadcom to build its first custom AI processor

OpenAI has teamed up with Broadcom to produce its first in-house artificial intelligence processors, a key move as the company seeks to secure the computing power needed to meet growing demand for its services. Broadcom shares rose over 12% in premarket trading following the announcement.

13 Oct 2025-17:44
Broadcom shares surge on $10B AI deal and CEO commitment

Broadcom’s stock jumped 7% in premarket trading Friday following news of a major AI infrastructure deal and CEO Hock Tan’s announcement that he will remain with the company for five more years. The semiconductor giant, a key player in the generative AI boom, designs custom chips for cloud providers seeking alternatives to Nvidia GPUs.

05 Sep 2025-13:37
OpenAI to launch mass production of AI chips in collaboration with Broadcom

OpenAI is preparing to produce its first artificial intelligence chip next year in partnership with U.S. semiconductor leader Broadcom, according to the Financial Times, News.Az reports.

05 Sep 2025-11:48