Broadcom Ltd is a global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions
The company specializes in producing chips that facilitate communication and data processing across various devices and networks, including those used in smartphones, enterprise storage systems, broadband access, and data centers. Additionally, Broadcom offers software solutions that enable businesses to optimize their operations, manage network security, and enhance performance across cloud-based and on-premises environments. Through its comprehensive portfolio, Broadcom plays a critical role in advancing connectivity and computing technologies in various industries.
Chip stocks are bearing the brunt of President Donald Trump’s import tariffs on China, fueling concerns about how these measures will impact the global tech supply chain.
Tech stocks slumped Monday after President Donald Trump imposed tariffs on Canada, China, and Mexico, but Wedbush analyst Dan Ives downplayed the immediate supply chain impact on Nvidia and TSMC, calling it part of a "high-stakes poker" game between the U.S. and China.
January saw Trump kick off things with a bang. The White House has issued 44 executive orders so far, with the economic and financial implications still being examined. So, what can we monitor on the economic front?
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Nasdaq ended the week down 1.6%, with the S&P 500 losing 1% and the Dow gaining 0.3%, as markets attempted to recover from earlier losses.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Shares of fabless chip and software maker Broadcom (NASDAQAVGO)
jumped 6.3% in the afternoon session after Meta reported fourth quarter earnings and announced plans to scale up its deployment of MTIA (Meta Training and Inference Accelerator) chips, developed in partnership with Broadcom, to optimize cost. Currently used for ad and organic content workloads, these custom chips will expand to AI training tasks, including generative AI, by 2026. To get a picture of how significant these investments are, Meta expects full-year 2025 capital expenditure to be in the range of $60 billion to $65 billion, with a significant portion of the incremental investment to be used to support generative AI efforts.
Looking for the most active stocks in the S&P500 index on Thursday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.
During its fourth-quarter earnings call, Meta CFO Susan Li revealed that the company will expand its use of MTIA chips, also known as Meta’s Training and Inference Accelerator. Meta and Broadcom co-designed the MTIA chips.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Thursday. Stay informed about the latest market trends.
The US market is yet to commence its session on Thursday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
