Broadcom also is winning thanks to its integration of cloud virtualization company VMware -- the acquisition closed a year ago. VMware operating margin has reached 70%, and Broadcom says it's on the path to delivering adjusted EBITDA that surpasses its goal of $8.5 billion after three years.
Decades of cloud systems and information technology (IT) expertise could propel this artificial intelligence (AI) specialist to new heights.
Wedbush analyst Dan Ives remains bullish and expects Tesla's market cap to hit $2 trillion in 2025, saying the coming four years will be a "total game changer" for Tesla. He expects the Trump administration to fast-track full self-driving (FSD), paving the way for the company's robotaxi agenda.
Broadcom, which was known as Avago before it acquired the original Broadcom and inherited its brand in 2016, is more diversified. Its semiconductor division sells a wide range of
Broadcom achieved $51.6B in FY24 revenue, driven by VMware integration and 44% YoY growth. Click here to find out why AVGO stock is a Buy.
Tax season is around the corner and in the mire of deadlines and regulations, there is another thing tax filers need to be vigilant about this year: AI voice telephone scams. Michael Scheumack, chief innovation officer at IdentityIQ,
Mizuho analysts project a positive 2025 for chipmakers, supported by robust artificial intelligence (AI) demand, data center expansion, and advancements in networking and memory chips. This optimism persists
Nvidia supplies leading hyperscalers with AI chips, but Broadcom's latest sales figures may not bode well for the company.
Broadcom’s AI revenue surged, but its valuation is inflated. Learn why AVGO stock shows limited upside and may be due for a decline in the near term.
Nvidia is rolling out Blackwell, its next-generation AI chip architecture. Meanwhile, Broadcom is chasing what could be a $90 billion opportunity by 2027.
AI-related chip stocks sold off a bit during the last couple of weeks of 2024, but they got a lift Friday on signs of strong AI chip demand. On Monday morning, Hon Hai Precision (OTC: HNHPF), also known as Foxconn,
We recently compiled a list of the 12 Best Technology Stocks to Invest In for the Long Term. In this article, we are going to take a look at where Broadcom Inc.