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Broadcom's Quiet War On Nvidia: CEO Touts Custom AI Chips, Ethernet Over NVLink—'No Reason To Create A New Standard'
Friday, June 6, 2025 - 12:01pm | 789Chipmaker Broadcom Inc. (NASDAQ:AVGO) is drawing a line in the sand in the AI infrastructure battles, and it’s doing so with custom AI chips and a commitment to open networking protocols. What Happened: During the company's second-quarter earnings call, CEO Hock Tan took a thinly veiled swipe...
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Broadcom Q2 Earnings Preview: 'Nvidia's Baby Brother' Set To Break Out, Says Market Strategist
Wednesday, June 4, 2025 - 3:46pm | 757Semiconductor giant Broadcom Inc (NASDAQ:AVGO) will look to continue its recent history of beating analyst projections when the company reports second-quarter financial results Thursday after market close. Here are the analyst estimates, what experts are saying ahead of the report and key items to...
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Broadcom CEO Hock Tan Brushes Off Intel Acquisition Speculation: 'M&A, No, I'm Too Busy...'
Friday, March 7, 2025 - 1:01am | 450On Thursday, Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan dismissed speculation about a potential merger and acquisition with Intel Corp. (NASDAQ:INTC). What Happened: During Broadcom's first-quarter earnings call, analyst Vijay Rakesh asked Tan about potential M&A, referencing the Intel split...
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Nancy Pelosi's Stock Pick Broadcom Shoots 15% In Friday Pre Market As Broadcom CEO Sees 'Opportunity Over The Next 3 Years In AI'
Friday, December 13, 2024 - 5:59am | 596Shares of Broadcom Inc (NASDAQ:AVGO) soared by 14.47% in premarket trading on Friday, as per Benzinga Pro. This follows the company’s release of its fourth-quarter earnings. Despite mixed results, CEO Hock Tan emphasized the company’s promising future in artificial...
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Broadcom's AI Edge: 'Apples-to-Oranges Comparison' Shows ASICs Outgrowing GPUs, Says Analyst
Wednesday, December 11, 2024 - 5:54pm | 401With fourth quarter results set to be unveiled on Dec. 12, Broadcom Inc. (NASDAQ:AVGO) is projected to deliver a standout performance. Rosenblatt analyst Hans Mosesmann expects a "beat and modest raise" for the quarter, driven by the company's surging AI-related silicon revenue and VMware upside....
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Broadcom Q3 Earnings Preview: Can 'Sustained AI Order Momentum' Help Company With History Of Beating Estimates?
Wednesday, September 4, 2024 - 2:57pm | 938Analysts and investors will likely be looking for commentary on artificial intelligence revenue when semiconductor company Broadcom Inc (NASDAQ:AVGO) reports third-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect Broadcom to report third-quarter revenue of...
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Broadcom Q2 Earnings Preview: AI-Related Revenue In Focus, Will Partnerships With Meta, Google Shine Through In Results, Guidance?
Tuesday, June 11, 2024 - 12:04pm | 799Semiconductor company Broadcom Inc (NASDAQ:AVGO) is set to report second-quarter financial results after market close Wednesday, June 12. Here are the earnings estimates, what analysts are saying and key items to watch ahead of the report. Earnings Estimates: Analysts expect Broadcom to post second...
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Top 10 Highest Paid CEOs In 2023: Elon Musk Nowhere To Be Found, Where Tim Cook, Ted Sarandos Rank
Thursday, May 23, 2024 - 3:56pm | 926Senator Bernie Sanders may want to look away from a new report that highlights 2023’s highest-paid CEOs of S&P 500 companies. The Vermont senator is working to pass legislation that would increase taxes on companies that pay their CEOs 50 times more than the pay of their median worker....
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Broadcom To Review Two VMware Business Units For 'Strategic Alternatives,' According To Leaked Email
Wednesday, November 29, 2023 - 7:02pm | 359Fresh on the heels of Broadcom Inc.'s (NASDAQ: AVGO) acquisition of VMware Inc, a $69 billion deal that closed on Nov. 22, CEO Hock Tan informed employees last week in an email that was leaked the company would review "strategic alternatives" of two of VMware's business units....
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CEO's $40K Dinner With Xi Jinping: A New Way Of Establishing US-China Business Relations?
Tuesday, November 28, 2023 - 6:15am | 611In a bid to secure a $69 billion deal, Broadcom Inc. (NASDAQ:AVGO) CEO, Hock Tan, shelled out $40,000 to dine with China’s President, Xi Jinping. This dinner, held during Jinping’s recent meet-up with American business magnates in San Francisco, has sparked discussions over...
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Broadcom-VMware Deal Closure Sends AVGO Stock To New Highs On 'Sizable Synergy Potential'
Monday, November 27, 2023 - 1:30pm | 427China has finally approved Broadcom‘s (NASDAQ:AVGO) acquisition of VMware (NYSE:VMW), enabling the $61 billion acquisition to close. The stock has been surging for the past year, up about 85%. Over the past month alone, the stock is up 17% and has created a new 52-week high of ~$1000 as it...
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After-Hours Action: Why Broadcom Stock Is On The Move
Thursday, December 8, 2022 - 6:01pm | 398Broadcom Inc (NASDAQ: AVGO) shares are trading higher in Thursday's after-hours session after the company's fourth-quarter results and guidance came in above analyst expectations. What Happened: Broadcom reported fiscal fourth-quarter revenue of $8.93 billion,...
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Broadcom, Palo Alto, Lyft And This Stock Will Be Featured On 'Mad Money' Tonight
Tuesday, June 7, 2022 - 12:10pm | 366Jim Cramer is set to conduct interviews with executives from a handful of popular companies Tuesday night on CNBC's "Mad Money." What To Know: Broadcom Inc (NASDAQ: AVGO), Palo Alto Networks Inc (NASDAQ: PANW), Lyft Inc (NASDAQ: LYFT) and E.L.F. Beauty ...
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Broadcom To Acquire VMware In $61B Deal: What Investors Need To Know
Thursday, May 26, 2022 - 8:48am | 399Broadcom Inc (NASDAQ: AVGO) on Thursday announced it will acquire Vmware Inc (NYSE: VMW) in a cash-and-stock transaction that values the multi-cloud company at approximately $61 billion. What To Know: VMware's multi-cloud portfolio spans application...
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Broadcom In Talks To Buy Cloud Computing Firm VMWare: Report
Sunday, May 22, 2022 - 10:24pm | 302Broadcom Inc (NASDAQ: AVGO) is reportedly in discussions to take over cloud computing company VMWare Inc (NYSE: VMW). What Happened: The San Jose, California-based semiconductors and infrastructure software solutions company is looking to purchase VMWare, Bloomberg reported, citing people familiar...