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.
Nvidia’s market cap is now greater than that of its leading competitors combined—and doubled—as it corners the market on chips for artificial intelligence. The company’s $3.66 trillion market cap as of Monday was more than double the combined market cap of competitors ARM ($155 billion),
Allstate, Travelers, and Chubb likely will be the publicly traded insurers most exposed to losses from the L.A. fires, according to analysts, while Nvidia and other chip makers fall after a report says the Biden administration plans to impose a final round of chip export restrictions before leaving office.
Nvidia’s “king of AI” stature is allegedly under threat as its top customers turn to Broadcom to build custom chips and systems. Find out why NVDA stock is a Buy.
We never did get a Santa Claus rally to close out last year and the overall weakness with which 2025 began is worth noting.
Broadcom shares more than doubled in 2024 amid market excitement around the ‘custom silicon’ wave ahead. Read why I upgrade AVGO stock from hold to buy.
Artificial intelligence and the metaverse drove Meta Platforms Inc. ( META, Financials) growth in 2024. Although 500 million monthly active users made up threads, AI-powered tools raised advertisement income. By 19%, effective cost control enabled Meta to raise Q3 2024 income.
Live Updates Make sure to refresh this page periodically for updates. Why Are Stocks Dropping? Look at Interest Rates 11:28 am The sell-off in stocks has moderated, with the Dow Jones now slightly positive,
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.
The world's top chip manufacturer on Friday said its December revenue reached 278.16 billion New Taiwan dollars ($8.4 billion), a 57.8% increase on the year. This brought the full-year figure to NT$2.894 trillion, a sharp rise from 2023, when the company logged its first annual decline since 2009 due to a global economic slowdown.
In the high-tech universe, there is a single common road that top-flight companies like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Broadcom (NASDAQ: AVGO),