The semiconductor giant’s Q4 results underwhelm analysts on total revenue, but skyrocketing AI sales spur a stock rally that places Broadcom among America’s tech elite. BY Michael Grothaus Shares in the semiconductor giant Broadcom (Nasdaq: AVGO) are urging in early market trading this morning after the company announced its Q4 2024 earnings, in which it revealed … Continue reading Broadcom enters the trillion-dollar club on AI strength
Tag Archives: Broadcom
Broadcom Announces $1 Billion Investment in Spain’s Semiconductor Industry
Broadcom Announces $1 Billion Investment in Spain’s Semiconductor Industry John Boitnott / Jul 7, 2023 The well-known American chipmaker Broadcom has just recently taken a significant step to improve the domestic chip-making capabilities of European nations. On Thursday, the Chief Executive Officer of the company, Charlie Kawwas, made an exciting announcement: Broadcom will be … Continue reading Broadcom Announces $1 Billion Investment in Spain’s Semiconductor Industry