Hock Tan is positioning the tech group’s $69bn software acquisition as a ‘sovereign’ alternative to Big Tech’s cloud services

Broadcom Inc., the global semiconductor and infrastructure software giant, is facing backlash from its clients over significant changes to VMware's licensing model.

The tech integrates 2.5D packaging technology and 3D silicon stacking to usher in the next generation of “superchips” for AI.

SoftBank-backed Qraft Technologies has three AI-powered exchange-traded funds, including its momentum fund AMOM.

When it comes to widely followed Wall Street money managers, Berkshire Hathaway's (BRK.A 0.64%) (BRK.B 0.94%) CEO Warren Buffett is in a class of his own. In the roughly six decad

Broadcom received a price target boost Friday from an analyst at Barclays. In a research report on Friday, analyst Thomas O'Malley adjusted his price target for Broadcom from $205 to $260. The new target represents a roughly 10% upside from its current levels. Barclays maintains a buy rating for Broadcom stock.

As the marketplace for semiconductors grows beyond Nvidia, Broadcom — a major competitor — should see its stock price grow significantly.

Nvidia supplies leading hyperscalers with AI chips, but Broadcom's latest sales figures may not bode well for the company.

Let's talk numbers, because Broadcom's fiscal 2024 results are jaw-dropping. Revenue soared 44% to a record $51.6 billion, with AI leading the chargea staggering 220% jump in AI revenue to $12.2 billion.

Broadcom's recent fiscal performance underscores its resilience, with AI-related revenue driving better-than-expected fourth-quarter results. The company anticipates $14.6 billion in revenue and an EBITDA margin of approximately 66% for the upcoming quarter, cementing its position alongside NVIDIA Corp NVDA in the AI infrastructure race.

Ultra Accelerator Link Consortium (UALink) on Tuesday said that Alibaba Cloud, Apple, and Synopsys have been elected to its board of directors, which allows the companies to influence development of UALink,

For investors concerned about NVIDIA’s possible overvaluation or the company’s inability to single-handedly satisfy the explosive AI-driven semiconductor demand, Broadcom is an alternative ...