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3 Top Semiconductor Stocks to Watch in This Stage of the AI Revolution
The Motley Fool· 2024-04-14 10:25
Uncover the key players shaping the future of technology with groundbreaking AI developments.The intersection of artificial intelligence (AI) and semiconductor technology is producing some of the most dynamic shifts in the tech industry today.On that note, three Motley Fool contributors who cover tech and AI stocks put their heads together to highlight their top stock picks among AI-focused semiconductor stocks today. They came up with memory technology frontrunner Micron Technology (MU -3.91%), industry le ...
Here's How Much an NVIDIA Stock Split Could Boost Its Share Price
24/7 Wall Street· 2024-04-13 19:02
Here's How Much an NVIDIA Stock Split Could Boost Its Share Price Shutterstock / rafapress NVIDIA (Nasdaq: NVDA) shares briefly entered correction territory (more than a 10% decline from recent highs) earlier this week. On Tuesday, NVIDIA hit an intraday low of about $830 per share. Yet, a series of upgrades on Wednesday and Thursday pushed NVIDIA shares back up, closing the week at $881.86. That’s a share price range still significantly above prices NVIDIA announced share splits in the past. With a stock ...
3 Dividend-Paying Tech Stocks to Buy in April
The Motley Fool· 2024-04-13 15:15
Dell, Broadcom, and Oracle are all solid blue-chip income stocks.Dividend investors often gravitate toward the stocks with the highest yields. However, a stock's yield might only look attractive because its underlying business is grappling with other problems. The company might also be struggling to generate adequate earnings or free cash flow (FCF) growth to support its dividend payments.So instead of simply focusing on the dividend stocks with the highest yields, investors should seek out companies that o ...
Trillion-Dollar Trajectories: 3 Billion-Dollar Stocks With the Potential to Hit the Next Milestone
InvestorPlace· 2024-04-11 19:55
Reaching the trillion-dollar market cap is a testament to any company’s international influence, massive customer base and brand power. Indeed, being considered a peer of global behemoths like Microsoft, Apple, Google, Meta and Nvidia is nothing to scoff at. While this sounds great, the road to joining their ranks is steep. Potential trillion-dollar companies need to have a competitive advantage. They also need to offer superior products and adapt to the fast-changing needs of the market. As investors, we w ...
Broadcom Stock Has 29% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-04-10 17:38
Broadcom is increasingly benefiting from the AI boom.Broadcom (AVGO -0.47%) provides chips and software solutions for servers, smartphones, among other enterprise and consumer markets, but growing investment in data centers for artificial intelligence (AI) infrastructure is emerging as an important long-term growth catalyst.The stock rocketed nearly 113% over the last year, but JPMorgan analysts see more gains based on Broadcom's opportunity to supply chips for Alphabet's Google and Meta Platforms over the ...
Broadcom (AVGO) Strengthens Prospect With Google Cloud Deal
Zacks Investment Research· 2024-04-10 17:26
Broadcom (AVGO) recently announced an expanded partnership with Google Cloud aimed at accelerating innovation for enterprises.The collaboration encompasses various aspects, including optimizing Broadcom’s VMware workloads for Google Cloud, joint go-to-market initiatives, enhancing the offerings on Google Cloud Marketplace, and integrating Broadcom’s products with Google Cloud’s generative AI capabilities.The partnership will focus on leveraging Google Cloud’s capabilities for VMware workloads, enhancing use ...
Broadcom Wins Two 2024 Google Cloud Technology Partner of the Year Awards for Networking and Virtualization
Newsfilter· 2024-04-09 13:00
PALO ALTO, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced that it has received 2024 Google Cloud Technology Partner of the Year awards for Infrastructure in the categories of Networking and Virtualization. Broadcom, including the recently acquired VMware, Inc., is being recognized for the company's achievements in the Google Cloud ecosystem collaborating with Google Cloud to help mutual customers reshape their network observability as well as implement a cloud operati ...
Broadcom may have secured wins from Meta and Google
Invezz· 2024-04-09 12:42
Broadcom Inc (NASDAQ: AVGO) is in focus today after JPMorgan analysts said it is warming up to launch its 3nm AI accelerator custom chip programmes.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Google and Meta to boost $AVGO revenue Copy link to section The investment bank expects the multinational to release the said AI TPU ASIC with Google (TPU v6) and Meta (MTIA TPU) before the back half of this year. Production, they added, will then ramp up thr ...
Broadcom and Google Cloud Announce Expanded Partnership to Help Accelerate Innovation for Enterprises
Prnewswire· 2024-04-09 12:02
Broadcom will migrate its VMware workloads to Google Cloud, collaborate on joint go-to-market initiatives, and deliver new gen AI capabilities LAS VEGAS, April 9, 2024 /PRNewswire/ -- Cloud Next '24, LAS VEGAS -- Broadcom Inc. (NASDAQ: AVGO) and Google Cloud today announced an expanded partnership that will involve optimizing Broadcom's VMware workloads for Google Cloud, jointly collaborating on go-to-market initiatives, adding more Broadcom products and services to Google Cloud Marketplace, and Broadcom i ...
Nose-Bleed Section: 3 Stocks Priced Above $1,000 (and Worth It)
InvestorPlace· 2024-04-03 20:12
Warren Buffett once remarked, “Price is what you pay. Value is what you get.” It’s a caution to investors to not just look at the cost of what a stock is charging you to buy it but to understand what you will receive for your money.Penny stock investors quickly learn that lesson. They may be able to scoop up a lot of shares of thinly traded companies only to lose their entire investment in a pump-and-dump scheme. Meanwhile, an investment in Buffett’s own Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) 10 years ...