Broadcom was gaining after Meta Platforms said it sees room for greater use of its custom artificial-intelligence chips.
Shares of Broadcom Inc. (AVGO) surged more than 4% in pre-market trade on Thursday after Meta Platforms Inc. (META) revealed ...
Broadcom shares were trading about 4% higher in premarket trade. Meta CFO Susan Li told investors on a conference call that the company will use more of the chips it's designed with Broadcom. The ...
Broadcom rose 5% on Thursday as Meta Platforms announced plans to increase use of chips designed with Broadcom.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
Meta is slated to report fourth-quarter earnings on Wednesday after the close of regular trading. Meta shares are up over 11% since Oct. 30, when it reported third-quarter earnings and said it would ...
Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the ...
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO ...
Nvidia shares tumbled Wednesday, dashing hopes for a quick recovery from losses earlier in the week amid concerns about the competitiveness of American AI firms and their spending on the emerging ...