Cisco Systems has had a challenging year in terms of financial performance, with a 13% year-over-year decline in revenue for the fiscal third quarter. However, the company is making strides in shifting towards a software- and services-driven model, with software now accounting for 35% of total revenue. This move towards recurring revenue models has led … Read more
Amazon’s impressive performance has led to a substantial increase in its shares, with the company recently joining the Dow Jones Industrial Average. As of late June, Amazon is the best-performing stock in the index, making it an attractive option for investors looking to capitalize on growth stocks even at its peak. The success of Amazon … Read more
Broadcom, a semiconductor company formed in 2015 through a merger, is emerging as an alternative option to Nvidia for investors looking to capitalize on the AI hardware opportunity. While Nvidia dominates the market for high-end general-purpose GPUs, Broadcom focuses on custom chips tailored to specific use cases for its clients. This approach may involve higher … Read more
Broadcom, a semiconductor and infrastructure software company, has experienced significant growth in recent times, driven by the rise of artificial intelligence (AI). The company’s profits have soared as AI development gains momentum, leading to a surge in revenue and a prediction of annual revenue of $51 billion, up 42% from the previous year. This success … Read more
Arm Holdings and Intel are two of the largest chipmakers in the world. Arm specializes in designing mobile CPUs and licenses its designs to other chipmakers, while Intel is an integrated device manufacturer that designs, manufactures, and markets its own chips. Arm’s flexible approach and low-power designs have allowed it to dominate the smartphone chip … Read more
Intel, a leading semiconductor company, recently made changes to its dividend payouts, signaling a shift in its future direction. The company reduced its quarterly dividend per share from $0.365 to $0.125 in spring 2023 as part of its updated capital allocation strategy to expedite the construction of chip manufacturing facilities. Despite this cut, Intel has … Read more
Semiconductor specialist Broadcom has experienced a surge in revenue and profit, driven by the growing adoption of artificial intelligence (AI). The company reported a 43% year-over-year revenue increase, with AI-related revenue growing by 280% to comprise 25% of total revenue. Additionally, Broadcom announced a 10 for 1 stock split to make ownership more accessible to … Read more
Broadcom, a semiconductor and infrastructure software giant, is set to undergo a 10-for-1 stock split on July 12 to keep up with the rise of artificial intelligence (AI) demand that has boosted its revenue and stock price. The company has seen nearly 90% growth in the past year and reached over $1,800 in June. Despite … Read more
Wall Street analysts are seeing substantial potential gains in artificial intelligence stocks Nvidia and Broadcom. Nvidia recently completed a 10-for-1 stock split in June, while Broadcom has a 10-for-1 stock split planned for July. Some savvy investors have been drawn to both companies, as history shows that a company’s stock price tends to rise around … Read more
Intel, a once-dominant player in the semiconductor industry, has fallen behind competitors like NVIDIA and AMD in recent years. Despite this, the company has a potential saving grace in the form of government backing and subsidies. With the increasing demand for semiconductors driven by artificial intelligence, Intel has the opportunity to bounce back and reclaim … Read more