Broadcom News

Broadcom Unveils Massive $10 Billion Share Buyback Initiative Through 2025

Broadcom Inc. has launched a $10 billion share buyback program, approved by its board, to run until the end of 2025, showcasing its financial strength and commitment to shareholder...

Broadcom Shatters Expectations with a 25% Revenue Surge in Q1 2025

Broadcom Inc. reports a 25% revenue increase in Q1 2025, reaching $14.9 billion, driven by AI semiconductor solutions and infrastructure software. Net income skyrocketed by 323%, w...

Broadcom's Stock Plummets 18% as DeepSeek's AI Model Sparks Tech Sector Panic

Broadcom's stock fell sharply by 18.58% following the debut of DeepSeek's R1 AI model, which rivals top AI technologies at a lower cost. The model's success has reshuffled App Stor...

Broadcom Shares Plunge 18% Amid Fears Over Chinese AI Startup's Market Disruption

Broadcom's stock fell 18% as the tech sector reacts to DeepSeek's new AI model, R1, which rivals top AI technologies at lower costs, causing a shift in market dynamics and competit...

Broadcom's Stock Plummets 18% as DeepSeek's AI Model Shakes the Tech Sector

Broadcom's stock fell sharply as the tech sector reacted to DeepSeek's new AI model, R1, which rivals top AI technologies at a lower cost, intensifying competition and causing mark...

Broadcom's Spectacular Surge: A 10% Rise Amidst Strong AI Prospects

Broadcom Inc. shares rose 9.98% to $247.2299 apiece, reflecting investor optimism fueled by strong AI prospects and recent earnings. The company's market capitalization now stands ...

Broadcom Soars to Unprecedented $1T Valuation on AI Chip Optimism

Broadcom Inc. saw a 20% stock surge, pushing its market capitalization to $1.024 trillion, driven by optimistic forecasts for custom AI chips and agreements with major hyperscale c...

Broadcom's Surge: AI Chip Demand Propels Market Value Towards $1 Trillion

Broadcom's shares surged 14% as the company forecasted rising demand for its custom AI chips, moving closer to a $1 trillion market value. The chipmaker's revenue forecast for the ...

Broadcom Achieves Record Revenue in Q4 2024, Driven by AI and Semiconductor Growth

Broadcom Inc. reported a 51% increase in Q4 2024 revenue to $14 billion, driven by AI and semiconductor growth. Net income rose 23% to $4.3 billion, and diluted earnings per share ...

Broadcom Anticipates Strong Q1 Revenue Surge Driven by AI Chip Demand

Broadcom forecasts Q1 revenue above estimates, driven by strong demand for AI chips and networking gear. Shares rose 3% in extended trading, reflecting a year-to-date gain of 60%. ...