Broadcom
Anthropic tops US$30 billion run rate, seals deal with Broadcom
More than 1,000 business customers spend over US$1 million annually on Claude services
Broadcom signs long-term deal to develop Google’s custom AI chips
Demand for custom chips has surged in recent years
Broadcom sees over US$100 billion in AI chip sales by 2027 on robust custom chip demand
It announced a new share repurchase programme of up to US$10 billion
Broadcom forecasts upbeat quarterly revenue on AI chip demand
The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimates
Broadcom to launch new networking chip, as battle with Nvidia intensifies
The Thor Ultra will rival Nvidia’s chips and strengthen Broadcom’s dominance in AI data centre networking
OpenAI taps Broadcom to build its first AI processor in latest chip deal
The deal extends a wave of AI chip investments driving the race toward human-equivalent intelligence
Magnificent 7 is passe. This group of AI stocks can replace it
[NEW YORK] Wall Street’s most powerful collection of stocks, the Magnificent Seven, is looking a tad dated. Make way for the Great Eight. Or maybe the Golden Dozen. Or the TenAI of GenAI.
Broadcom to help OpenAI create AI chip to take on Nvidia
The two firms plan to ship the first chips in that lineup starting next year
Broadcom launches Jericho chip to advance AI data centre networks
Building and deploying AI has become more computationally intensive and requires stringing together thousands of graphics processors (GPUs)
Broadcom gives tepid forecast, missing loftiest expectations
BROADCOM, a chip supplier to companies like Alphabet and Apple, gave a lackluster revenue forecast for the current quarter, suggesting that the AI spending frenzy isn’t as strong as some investors ant...
