Broadcom (AVGO) will report earnings after the closing bell, and Jeff Pierce notes opportunity for the company to shine. He calls its partnerships with Apple (AAPL) and Alphabet (GOOGL) tailwinds.
Apple Inc. is reportedly developing its own AI chip with Broadcom, potentially disrupting the AI chip market if sold externally. Apple's strong silicon expertise, TSMC partnership, and ability to scale production position it as a formidable competitor in the AI chip space. Nvidia's high margins on datacenter GPUs are at risk if Apple enters the market with competitive pricing and performance.
Wedbush's Dan Ives expects tech stocks to gain another 25% in 2025.
At its annual shareholders meeting on Dec. 10, Microsoft investors will vote on whether or not the business can invest in Bitcoin (BTC 2.45%). Seeing the price of the digital asset soar 1,300% in the past five years and 140% just in 2024 (as of Dec. 9) is certainly drawing the attention of corporate executives who at least acknowledge that it might make sense to hold some Bitcoin on the balance sheet.
Apple (AAPL -0.52%) and Nvidia (NVDA 3.14%) are the two most valuable companies in the world. Their market caps are each well over $3 trillion, and it may only be a matter of time before there's one worth $4 trillion.
A $5,000 investment can grow significantly when you put that money into an unstoppable stock and hang on to it for the long term. It's a strategy that can make a lot of sense for long-term investors, as finding a solid company to invest in and simply remaining patient can result in your money doubling or tripling in value or perhaps even growing to more than that.
Apple (AAPL) hit a record intraday high on Wednesday after announcing new artificial intelligence (AI) features amid a reported chip partnership with Broadcom (AVGO), according to reports from The Information. Intelligent Alpha founder and CEO Doug Clinton joins Asking for a Trend Host Josh Lipton to take a closer look at what sent Apple stock higher and where the iPhone maker stands in the AI era.
Apple partners with OpenAI to bring ChatGPT to iPhone, transforming Siri, camera, and productivity features in iOS 18.2 update as tech giants race to dominate mobile AI integration.
Apple and Broadcom are said to be developing a new chip designed specifically for AI servers. That's according to a report from The Information.
Apple (AAPL) is reportedly working to develop its own artificial intelligence (AI) chips, in a move that could make it less reliant on AI chip giant Nvidia (NVDA).
Two years into the AI boom, the momentum shows no signs of slowing as the technology becomes increasingly integrated into our everyday lives. Recent reports from The Information reveal that Apple ( AAPL ) is taking a significant step in the AI race by developing its first server processor specifically tailored for artificial intelligence applications.
Apple is working with semiconductor company Broadcom on its first server chip designed to handle AI applications, according to The Information, which cited three people with knowledge of the project.