Broadcom(AVGO)
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3 Chip Stocks to Buy to Invest in AI's Brain
investorplace.com· 2024-05-22 18:34
Shares in global chipmakers have continued to move higher presenting some compelling chip stocks to buy. This is amid a more favorable macro backdrop and unprecedented demand for high-end chips that power artificial intelligence (AI) apps. The investment appeal of these stocks received a notable boost after Taiwan Semiconductor Manufacturing (NYSE:TSM), the world’s largest chip manufacturing company, reported April revenue up nearly 60% from the same period last year.This marks the most substantial growth r ...
7 Dividend Stocks to Buy on the Dip: May 2024
investorplace.com· 2024-05-22 18:10
Cash flow allows you to hold onto your investments while receiving extra money to cover your expenses. Many investors load up on dividend stocks as they get closer to retirement due to their yields.However, you don’t have to wait until retirement to buy the best dividend stocks. Some corporations issue dividends but also have promising growth prospects. Their stock prices can continue with their rallies and reward long-term investors. Investors looking for promising long-term dividend stocks to buy may want ...
Does Broadcom's (AVGO) Strong Portfolio Make it Worth Buying?
zacks.com· 2024-05-21 17:26
Broadcom (AVGO) shares have gained 26.7% year to date, outperforming the Zacks Computer & Technology sector’s return of 16.5%. It has been benefiting from the growing demand for AI infrastructure and the strong deployment of generative AI.Broadcom’s solutions are suitable for addressing the needs of an increasing AI workload and the growing need for fast networking in data centers. Its latest 400G PCIe Gen 5.0 Ethernet adapters are poised to transform the data center landscape by addressing the escalating c ...
America's highest-earning CEO was awarded a staggering $162 million last year — but there's a catch
businessinsider.com· 2024-05-21 12:08
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAmerica's highest-paid CEO isn't Apple's Tim Cook, Tesla's Elon Musk, or Meta Platforms' Mark Zuckerberg — it's Broadcom's Hock Tan, The Wall Street Journal found in an analysis published this wee ...
Broadcom Inc. (AVGO) Exceeds Market Returns: Some Facts to Consider
zacks.com· 2024-05-20 22:51
In the latest trading session, Broadcom Inc. (AVGO) closed at $1,414.03, marking a +1.34% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.09%. Meanwhile, the Dow lost 0.49%, and the Nasdaq, a tech-heavy index, added 0.65%.Shares of the chipmaker have appreciated by 15.82% over the course of the past month, outperforming the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 5.78%.The upcoming earnings release of Broadcom Inc. will be o ...
Broadcom Revolutionizes AI Networking Landscape with High-Performance 400G RoCE/RDMA Ethernet NICs
globenewswire.com· 2024-05-20 13:00
PALO ALTO, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced its latest portfolio of highly-scalable, high-performing, low-power 400G PCIe Gen 5.0 Ethernet adapters to revolutionize the data center ecosystem. These latest products offer an enhanced, open, standards-based Ethernet NIC and switching solution to resolve connectivity bottlenecks as XPU bandwidth and cluster sizes grow rapidly in AI data centers. “At Broadcom, we recognize the significance of fostering a power ...
Broadcom Revolutionizes AI Networking Landscape with High-Performance 400G RoCE/RDMA Ethernet NICs
Newsfilter· 2024-05-20 13:00
PALO ALTO, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced its latest portfolio of highly-scalable, high-performing, low-power 400G PCIe Gen 5.0 Ethernet adapters to revolutionize the data center ecosystem. These latest products offer an enhanced, open, standards-based Ethernet NIC and switching solution to resolve connectivity bottlenecks as XPU bandwidth and cluster sizes grow rapidly in AI data centers. "At Broadcom, we recognize the significance of fostering a power- ...
3 Semiconductor Stocks That Could Be Heading Six-Feet Under
investorplace.com· 2024-05-17 15:48
The AI hype train took semiconductor stocks to new heights last year. However, following a spectacular rally over the past couple of years, the semiconductor market is at a critical juncture. Hence, investors would be better served by diversifying away from semiconductor stocks to sell.The irony is that with all the generative AI buzz, semiconductor demand fell last year. According to the Semiconductor Industry Association (SIA), global semiconductor revenues last year came in at $526.8 billion, an 8.2% dr ...
Broadcom Announces Accelerate Program to Deliver Enhanced Customer Experience
Newsfilter· 2024-05-17 13:00
PALO ALTO, Calif., May 17, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced its Accelerate Program, delivered through sole-provider distribution agreements. An expansion of the Broadcom Global Cybersecurity Aggregator Program, the Accelerate Program is aimed at providing enhanced service levels for more Broadcom software solutions delivered to a broader range of Broadcom customers across multiple geographies. Through the Broadcom Accelerate Program, partners will act as an extension of t ...
Broadcom Announces Accelerate Program to Deliver Enhanced Customer Experience
globenewswire.com· 2024-05-17 13:00
PALO ALTO, Calif., May 17, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced its Accelerate Program, delivered through sole-provider distribution agreements. An expansion of the Broadcom Global Cybersecurity Aggregator Program, the Accelerate Program is aimed at providing enhanced service levels for more Broadcom software solutions delivered to a broader range of Broadcom customers across multiple geographies. Through the Broadcom Accelerate Program, partners will act as an extension of ...