Broadcom (AVGO) stock showed a significant increase on Tuesday as investors responded positively to the company’s latest earnings report. The stock rose by X% to reach a new high of $XXX per share. The surge in Broadcom’s stock can be attributed to the company’s strong financial performance in the most recent quarter. Broadcom reported earnings … Read more
Nvidia’s recent stock market value decline has caused concern as the company lost its position as the most valuable stock on Wall Street. Nvidia’s shares fell nearly 13% in just three days, trailing behind Microsoft and Apple in market value. The company’s size has made its stock movements highly influential in the S&P 500 and … Read more
Broadcom Inc, a prominent technology company, announced the accreditation of its Symantec Cloud Secure Web Gateway solution under the Federal Risk and Authorization Management Program (FedRAMP). This new FedRAMP Authorized Service, offered through Symantec Gov Cloud – Web Protection, provides a flexible deployment option for U.S. federal agencies looking to enhance their security measures. The … Read more
Taiwan Semiconductor Manufacturing Co (TSMC), a major supplier for Nvidia, shared optimistic projections for the global semiconductor industry, excluding memory chips, anticipating a 10% annual revenue growth. The company’s senior vice president, Cliff Hou, expressed confidence in the opportunities presented by the rise of artificial intelligence (AI) applications, referring to it as a new golden … Read more
IBM is planning to make its IBM Granite model series available worldwide later this year, in collaboration with Salesforce, Inc. The aim is to provide customers with more models for improved decision-making in AI CRM use cases. The Granite code models range from parameters 3B to 34B and are suitable for tasks such as code … Read more