All three major indices remain in the red midday Thursday, after trimming earlier losses which saw the Dow Jones down more than 600 points at session lows. The major averages lost more than 2% this week as U.S.
Intel secured a legal victory after a U.S. judge dismissed a shareholder lawsuit alleging the company misled investors about foundry losses, which contributed to a $32 billion stock plunge.
Wall Street closed higher on Wednesday as investors weighed mixed economic data and awaited former President Donald Trump's decision on possible tariffs. The S&P 500 rose 1.12% to 5,842.63.
Broadcom has beaten analyst estimates for revenue and earnings per share in 80% of recent quarters. Will the trend continue?
Broadcom Inc. launched VeloSky, a unified networking solution for CSPs to integrate fiber, cellular, and satellite connectivity into one appliance.
US. stock futures rose on Monday following Friday's advances. Futures of all fourth benchmark indices rose in premarket trading.
Broadcom shares are trading higher by 2.6% during Thursday's session. The stock is rising following Nvidia's strong earnings and its own advancements in AI infrastructure.
Broadcom shares are moving higher Wednesday after the company announced the availability of its end-to-end PCIe Gen 6 portfolio and a partnership with Micron Technology for AI infrastructure expansion.
Broadcom Inc (NASDAQ: AVGO) extends PCIe Gen 6 portfolio for AI infrastructure with advanced telemetry and interop capabilities. Collaboration with Micron and Teledyne LeCroy ensures validated building blocks for open AI ecosystem.
Intel Corporation (NASDAQ: INTC) shares are trading higher Tuesday after reports emerged that Broadcom Inc. (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) are considering acquiring portions of the company.
Major U.S. indices are little-changed in Tuesday's midday trading as investors monitor recent geopolitical developments and anticipate the release of the latest FOMC minutes on Wednesday.
The shares of Intel Corporation (NASDAQ: INTC) are trading 4.6% higher in Tuesday pre-market amid reports of a deal with Broadcom Corporation (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM).
Broadcom and TSMC are reportedly considering separate deals that could lead to Intel's breakup, while the Trump administration weighs in on the potential foreign control of its chip manufacturing operations.
JX Advanced Metals, a subsidiary of oil titan Eneos, is planning to raise an estimated ¥460 billion ($3 billion) through an initial public offering (IPO). This IPO is anticipated to be the largest in Japan since 2018.
Intel stock gets boost from VP JD Vance's AI security pledge, but analysts remain skeptical. Can Intel sustain its rally?
Rumors suggest the U.S. government may push Intel into a joint venture with TSMC to revive its struggling foundry business, potentially securing CHIPS Act funding and strengthening domestic semiconductor manufacturing.
Broadcom Inc announced new Brocade G710 24-port 64G switch, a top-of-rack SAN switch. It combines cyber-resilient and autonomous technology and is cost-effective for storage solutions. It has low latency, low power consumption, and can support growing environments and demanding applications. Investors can gain exposure to Broadcom through SCHG and SOXX. AVGO stock is up 1.95% at $228.80.
Broadcom Inc. (AVGO) navigates bullish trend but faces selling pressure.
Japanese chipmaker Rapidus to supply 2-nm chip samples to Broadcom in June. Japan's focus on semiconductors amid supply chain disruptions. Broadcom eyes $150B AI opportunity backed by 2-nm and 3-nm technology and partnerships with Google and Meta Platforms.
The year of milestones, 2024, has seen an unperturbed rise in the bull market, we recap 2024's landmark junctures in the U.S. stock market.
Billionaire investor Stanley Druckenmiller upped his stake in Broadcom Inc, known for his top-down investing style and focus on macro trends.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Major averages jumped on Friday but still logged weekly losses, with the Dow down 2.3%, the S&P 500 falling 2%, and the Nasdaq losing 1.8%.
Tech's chipmakers, like Nvidia and Broadcom, are leading the AI boom with soaring demand and limited supply. EPS growth and demand signals are positive, making them top stocks to watch.
Nvidia's earnings will influence expectations for Broadcom's AI-related networking and custom silicon demand. Strong or weak results could reshape investor confidence in Broadcom's growth prospects.
Nvidia's earnings report is expected to influence the semiconductor sector. A strong or weak Nvidia performance could significantly impact investor sentiment and Broadcom's stock trajectory.
Broadcom expanded its multi-year partnership with Telia Company to advance telecom and cloud infrastructure using VMware's product portfolio.
Broadcom expands partnership with Telia for modernization and transformation of telecom and cloud infrastructure using VMware's product portfolio, including new AI-powered advancements and partner program.