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Broadcom, Inc. (NASDAQ: AVGO) reported a record high revenue for the first quarter, aided by strong demand for its AI-enabled semiconductor solutions and infrastructure software. The tech firm’s stock rallied soon after the announcement this week, reversing the recent downtrend. Based on its impressive revenue performance and profitability in recent quarters, the company looks poised … Read more
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares climbed about 5% after the company posted strong first-quarter earnings and guidance that signaled ongoing artificial intelligence demand. The chipmaker posted adjusted earnings of $1.60 per share on $14.92 billion in revenue. That surpassed the adjusted earnings of $1.49 per … Read more
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported first-quarter earnings on Thursday that topped analysts’ expectations, and the chipmaker offered strong guidance for the current quarter. The stock jumped 16% in extended trading. Here’s how the company did versus LSEG consensus estimates: Earnings per share: $1.60 adjusted vs. $1.49 expected Revenue: $14.92 billion … Read more
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenue and adjusted earnings for the first quarter of 2025. The numbers also surpassed Wall Street’s expectations. Earnings, excluding special items, increased to $1.60 per share in the January quarter from $1.1 per share in the corresponding period a year earlier, exceeding estimates. On an unadjusted basis, … Read more
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) is expected to report first-quarter 2025 results today at 4:15 p.m. ET. The market is looking for an increase in revenues and earnings. Listen to Broadcom’s earnings call live and check the real-time transcript Adjusted profit is expected to increase to $1.51 per share in the January quarter from … Read more
Intel shares rallied more than 10% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The Wall Street Journal reported that Broadcom may consider a play for the company’s chip design and marketing segment, citing people familiar … Read more
Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) are separately exploring deals to take over parts of Intel, according to a report in The Wall Street Journal. Broadcom is reportedly considering an acquisition of Intel’s chip-design and marketing business, and would want a partner for the company’s manufacturing business, while TSMC is reportedly looking at controlling … Read more
Taiwan Semiconductor Manufacturing is also in early talks for a controlling stake in Intel’s factories. Read More
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Broadcom, Inc. (NASDAQ: AVGO), a leading provider of semiconductor solutions for wired and wireless communications, recently impressed the market with upbeat financial outlook highlighting strong prospects for its AI business through 2027. After the company reported earnings recently, the stock has outperformed market leaders like Nvidia, which has been the top performer for quite some … Read more
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