TL;DR: Broadcom's ByteDance AI accelerator project was canceled amid tightened US semiconductor restrictions on China. Broadcom has reportedly seen its huge ByteDance project canceled, after the ...
Broadcom shares are surging in premarket trading Friday after the chipmaker posted quarterly results and an outlook that ...
Broadcom's custom AI chips appeal to cloud companies as a cheaper option for high-volume AI work.
Broadcom's heavy reliance on Apple and China poses substantial risks to future revenues. Read more to see why AVGO stock is a Strong Sell.
Broadcom's diversified portfolio positions it well for sustained growth and a $1 trillion market cap. Learn why I rate AVGO ...
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
Meanwhile, Nvidia, the leading maker of AI chips, was up 0.7% after tumbling 5.7% on Thursday on the belief that Broadcom’s ...
Last week, semiconductor company Broadcom (AVGO) impressed investors with its upbeat performance for the first quarter of Fiscal 2025 and a ...
Broadcom doesn’t identify its customers by name, but analysts have said that the three existing hyperscaler clients are Alphabet Inc.’s Google, Meta Platforms Inc. and TikTok owner ByteDance ...
Reports suggest that the three big cloud computing companies currently using Broadcom's chips are Alphabet, Meta Platforms, and TikTok parent ByteDance. More importantly, two of those companies ...