Complex data center workloads like training machine learning models and running artificial intelligence (AI) applications would take a very long time if powered only by central processing units (CPUs).

Broadcom's strong financials, AI prospects, and sales structure updates support continued growth. Find out why AVGO stock is a Buy.

Chip stocks surged Monday, led by Broadcom and Advanced Micro Devices following bullish calls from analysts, citing their potential to gain from booming demand for artificial intelligence.

Semiconductor stocks Broadcom (NASDAQ: AVGO) and Marvell Technology (NASDAQ: MRVL) have delivered outstanding gains in 2024, with shares of both companies more than doubling as of this writing thanks to the rapidly growing demand for their application ...

These impressive figures were primarily driven by the company's AI-related offerings, with AI revenue skyrocketing by 220% to $12.2 billion

Several media outlets recently espoused the narrative that the AI chip king would soon face tougher competition as large technology companies get help from Broadcom and Marvell to make better custom AI chips.

Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the way.

Discover how Broadcom's booming AI business and partnerships like with Apple are driving its stock surge, but is the near-term upside limited?

Broadcom predicts serviceable market for AI XPU and networking could reach $60 billion to $90 billion by 2027 and company is a market leader. During

Nvidia (NASDAQ: NVDA) has been the biggest beneficiary of this fast-growing market as it left its fellow chipmakers in the dust by capturing the lion's share of the AI semiconductor space. No other chipmaker comes close to Nvidia in terms of revenue generated from selling AI chips.

SK hynix rumored to deliver huge HBM memory order to Broadcom in 2025: which is building new AI chips for Google, Meta, and ByteDance.