Broadcom AVGO-2.41%decrease; down pointing triangle said it will partner with Apollo Global Management and Blackstone’s credit and insurance business to launch a platform backed by an initial $35 ...

The earnings news was both worse and better than the above makes it sound. Worse, because in contrast to "$2.44" in pro forma earnings, actual GAAP earnings were only $1.91 per share. And better, ...

Broadcom AVGO reported in-line April-quarter results and good July-quarter guidance. Management maintained its outlook for “more than $100 billion” in artificial intelligence revenue in fiscal 2027.

Broadcom is aggressively positioning itself to lead in AI infrastructure development. AVGO has partnered with Meta, Applied Materials, and GlobalFoundries to launch a $125M AI chip research lab at ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Amid customer dissatisfaction around Broadcom’s VMware takeover, rivals have been trying to lure customers from the leading virtualization firm. One of VMware’s biggest competitors, Nutanix, claims to ...

Broadcom said it agreed to produce future versions of Google's artificial intelligence chips, The company also announced an expanded deal with Anthropic, giving the AI startup access to about 3.5 ...

Broadcom AVGO‘s January-quarter sales beat guidance, led by artificial intelligence chip sales of $8.4 billion. April-quarter guidance implies near-30% sequential AI chip growth, to $10.7 billion.

Broadcom (AVGO) said that it expects to sell at least 1M chips by 2027 based on its stacked design technology, Reuters reported, citing Harish Bharadwaj, vice president of product marketing at ...

AMD specializes in GPU chips, while Broadcom specializes in ASIC chips. The distinction between these types of AI chips is that GPUs can handle a wide range of tasks, while ASICs are customized to ...

Broadcom does a lot of business in the tech sector. It provides cybersecurity software, mainframe hardware and software, and virtual desktop software through VMware, a company it acquired a few years ...