Business
S&P 500 notches record high close driven by Broadcom, other chipmakers
The S&P 500 is trading at about 22 times expected earnings, down from 23 in November The S&P 500 rallied to a record high close on Friday…
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Broadcom
Business
Broadcom forecasts upbeat quarterly revenue on AI chip demand
The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimates BROADCOM on…
Business
Broadcom to launch new networking chip, as battle with Nvidia intensifies
The Thor Ultra will rival Nvidia’s chips and strengthen Broadcom’s dominance in AI data centre networking Broadcom is launching a new…
Business
US: Wall Street ends sharply higher on Trump China comments; Broadcom surges
The S&P 500 has posted seven new highs and 14 new lows; the Nasdaq recorded 91 new highs and 120 new lows Wall Street’s main indexes ended…
Business
OpenAI taps Broadcom to build its first AI processor in latest chip deal
The agreement extends a wave of AI chip investments driving the race toward human-equivalent intelligence OpenAI has partnered with…
Business
OpenAI set to start mass production of its own AI chips with Broadcom, FT reports
AI is set to produce its own artificial intelligence chip for the first time next year, as the ChatGPT maker attempts to address…
Business
Broadcom to help OpenAI create AI chip to take on Nvidia
Broadcom is helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated…
Unsorted
Broadcom launches Jericho chip to advance AI data centre networks
Building and deploying AI has become more computationally intensive and requires stringing together thousands of graphics processors…
Business
Broadcom gives tepid forecast, missing loftiest expectations
BROADCOM, a chip supplier to companies like Alphabet and Apple, gave a lackluster revenue forecast for the current quarter, suggesting…
Business
Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
Intel’s rivals Taiwan Semiconductor Manufacturing Co (TSMC) and Broadcom are each eyeing potential deals that would break the US…
Business
Broadcom valuation soars past US$1 trillion on AI sales boom
BROADCOM, a chip supplier for Apple and other big tech companies, surged to a US$1 trillion market valuation for the first time after…
Business
Apple working with Broadcom to develop AI chip: report
APPLE is working with Broadcom to develop its first server chip specially designed for artificial intelligence (AI) processing, the…
Business
OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
OPENAI is working with Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) to build its first in-house chip designed to support…