Broadcom Stock Surges 25%, Hits $1 Trillion Market Cap on AI Growth
Driven by robust expansion in its artificial intelligence business, Broadcom Inc. (AVGO, Financials) announced a 51% year-over-year rise in sales…
Tag: artificial intelligence
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand
By Arsheeya Bajwa and Zaheer Kachwala (Reuters) -Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming…
Broadcom Earnings Top Estimates After AI Fuels Sales Growth
Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, posted better-than-expected profit in the fourth quarter…
Will Higher Semiconductor Revenues Help AVGO Beat Q4 Earnings?
Broadcom’s AVGO fourth-quarter fiscal 2024 results, set to be reported on Dec. 12, are expected to reflect the benefits of…
Five Huge Nutanix Partnerships Driving Growth Post-VMware
One year after Broadcom’s blockbuster acquisition of virtualization giant VMware, CEO Rajiv Ramaswami told investors that Nutanix partnerships with the…
Software Is In, Chips Are Out as Traders Position for Trump Era
There’s been a sea change among tech investors during the past month: Software stocks are hot, while semiconductor makers are…
Edge AI Research Report 2024-2029, with Strategies, Products, and Key Developments of Microsoft, Alphabet, Amazon, IBM, Apple, Intel, Anagog, Nutanix, Octonion, Synaptics
Company Logo Global Edge AI Market Global Edge AI Market Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE) — The “Edge AI…
Nutanix expands AI platform to public cloud to boost enterprise AI deployments
Nutanix, the hybrid multicloud computing provider, has announced the expansion of its AI infrastructure platform, Nutanix Enterprise AI (NAI), to…
Nutanix Extends AI Platform to Public Cloud
SALT LAKE CITY, Nov. 12, 2024 (GLOBE NEWSWIRE) — KubeCon – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced…
Broadcom CEO Hock Tan: VMware Bookings ‘Continued To Accelerate,’ While AI Chip Sales Surge
‘The transformation of the business model of VMware continues to progress very well .. The success of this strategy was…