Tag: $Broadcom

Broadcom falls on report Google discussed dropping firm as AI chip supplier

 Broadcom tumbled 6% on Thursday after The Information reported Google executives had discussed dropping the company as a supplier of artificial intelligence chips as early as 2027.

Broadcom forecasts quarterly revenue below expectations on broader demand weakness

Broadcom (AVGO.O) forecast fourth-quarter revenue slightly below Wall Street estimates on Thursday, on worries bleak enterprise spending and stiff competition in the networking chip space will outweigh benefits from a boom in artificial intelligence-led demand.

Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK

U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware.

Broadcom set to win EU nod for $61 bln VMware deal, sources say

U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said.

Broadcom CEO Sees Rising AI Chip Demand. Earnings Were Strong.

Broadcom CEO Hock Tan says generative artificial-intelligence applications will boost demand for the company’s chips.