Results for: Broadcom

Broadcom Inc. (AVGO) has expanded its long-standing partnership with T-Systems, a subsidiary of Deutsche Telekom AG (DTEGY), granting T-Systems the Pinnacle tier status in Broadcom’s VMware Cloud Service Provider program. This signifies T-Systems’ exceptional capabilities and consistent success in driving global sales and services. The enhanced collaboration will empower both companies to jointly address complex customer challenges and facilitate the adoption of cutting-edge digital technologies.

Broadcom has launched its BCM68660 and BCM55050 50G PON OLT-ONU devices, featuring an embedded neural processing unit (NPU) for AI and ML acceleration at the edge. These devices aim to enable telecom operators to leverage the power of 50G fiber broadband networks for new applications, while simultaneously offering cost and power savings.

Broadcom Inc. (AVGO) shares are on the rise again, defying the recent volatility in the semiconductor market. Despite providing slightly lower-than-expected guidance for Q4, Wall Street analysts remain bullish on Broadcom’s long-term prospects, fueled by strong Q3 results and the company’s position in the growing AI sector.

Broadcom, Charter, and Comcast are collaborating to develop Unified DOCSIS chipsets that will enable faster internet speeds for cable subscribers. The chipsets, based on the DOCSIS 4.0 specification, will support speeds exceeding 25 Gbps, paving the way for a more robust and powerful cable network infrastructure.

FS, a leading provider of ICT products and solutions, has announced its latest 400G and 800G Ethernet switches, designed for large AI clusters and powered by Broadcom’s Tomahawk 5 chipset. These switches offer high performance and low latency, making them ideal for demanding applications like AI, big data, high-performance computing (HPC), and distributed storage.

Broadcom’s stock has been on a roll in 2023, attracting attention from investors like Jim Cramer and Nancy Pelosi. The company’s AI revenue and strong results are fueling its growth, but some investors are hesitant due to a recent dip after earnings. This article examines the current state of Broadcom’s stock, its potential for future growth, and the factors influencing its trajectory.

CNBC’s ‘Halftime Report Final Trades’ featured insights from prominent financial experts on Broadcom, The Trade Desk, Goldman Sachs, and AppLovin. The segment highlighted positive earnings reports, optimistic outlooks, and potential investment opportunities in these companies.

Broadcom, a major supplier to Apple, exceeded revenue expectations driven by strong infrastructure solutions, particularly fueled by the acquisition of VMware. The company also highlighted its significant role in the AI infrastructure, supplying custom chips for Google’s TPU and Apple’s AI training initiatives. However, semiconductor solutions fell short of estimates, signaling a potential shift in the AI chip landscape.

Despite strong third-quarter earnings that exceeded market expectations, Broadcom Inc. (AVGO) shares experienced a significant sell-off on Friday. The company’s robust performance was fueled by demand for AI semiconductor solutions and contributions from VMware, but some analysts believe the company’s guidance could have been more aggressive, prompting market caution.

Broadcom Inc. (AVGO) exceeded both earnings and revenue expectations for the quarter ended July 2024. While the company has outperformed the market so far this year, investors are wondering about the future trajectory of the stock. The Zacks Rank, which analyzes earnings estimate revisions, currently assigns a Hold rating to Broadcom, suggesting performance in line with the market in the near future. However, the stock’s future performance may depend on factors like management commentary and industry trends.