Broadcom (AVGO) has a P/E ratio exceeding 70x and pays a small dividend. On the other hand, Broadcom’s expected $73 billion AI product backlog should jump-start AVGO stock to new heights. If you’re ...
Broadcom’s steepest three-day drop in over five years has the chip maker falling down the ranks of the largest U.S. companies. Shares of Broadcom AVGO lost 5.6% on Monday, capping a 17.7% three-day ...
Broadcom shares started the week with more declines, following last week's selloff. Shares in the chipmaker dropped 5.6% Monday, following the sharp fall Friday in response to the company's earnings ...
Broadcom just delivered another record year of blowout results. Broadcom expects AI semiconductor revenue to double year over year in its upcoming quarter. The valuation has gone from pricey to very ...
Broadcom experienced an 11% single-day drop, but unlike Oracle, this is not driven by fundamental concerns. AVGO's fundamentals remain robust, with strong cash flow conversion and manageable debt, ...
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There’s a big question on Wall Street: Who is Broadcom’s mystery fifth customer for its artificial-intelligence chips?
Q4 revenue reached $18.02B and Q1 guidance of $19.1B beat estimates despite shares falling 4.4% on margin concerns. CFO guided Q1 gross margins down 100 basis points due to higher AI revenue mix and ...
Dec 11 (Reuters) - Broadcom (AVGO.O), opens new tab projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, and ...
Broadcom’s custom chip and AI-related businesses continue to surge, with the vendor touting a significant chip deal and expansion with Anthropic and a new unnamed customer, and Broadcom sitting on a ...
Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, slumped after its sales outlook for the red-hot market failed to meet investors’ lofty expectations. The shares fell ...