Broadcom also predicted that the addressable market for AI components that it designs for data center operators would reach as high as $90 billion by fiscal 2027.
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MicroStrategy Inc., the dot-com-era software maker whose metamorphosis into a leveraged bet on Bitcoin has transfixed Wall ...
Broadcom's $1 trillion valuation is driven by strong earnings growth, AI segment booming, semiconductor growth, and future ...
Futures tracking the Dow Jones Industrial Average rose 63 points, or 0.1%, putting the index on course to snap a six-day losing streak. Futures for the benchmark S&P 500 climbed 0.2% and contracts ...
Wall Street's main indexes rose on Friday with Nasdaq outperforming after an upbeat forecast from Broadcom kept alive the ...
Taiwan Semiconductor is the IBD Stock Of The Day as the world's leading chip foundry benefits from producing artificial ...
FedEx and Nike report after the Fed's final meeting of 2024. S&P 500 estimates for 2025 are also coming out. Analysts often ...
One analyst noted that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing ...
Shares of Super Micro Computer have surged since the company's IPO, and the stock's forecast should catch investors' ...
NEW YORK — Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The ...
SoundHound AI stock is surging today after the company was named a leader in the 2024 Frost Radar Report from Frost & ...