Broadcom Inc. (AVGO)
2 Unstoppable Stocks to Buy Hand Over Fist in June
The S&P 500 index is trading at an all-time high, buoyed by a strong earnings season to start 2024. CrowdStrike and Broadcom are set to release their latest financial results in June.
3 Reasons Broadcom Will Issue a Stock Split After NVIDIA
Now that NVIDIA (Nasdaq: NVDA) has proven the prognosticators right and declared its stock split, who could be the next to issue a stock split?
AVGO Stock Nears Buy Point As Data Center, AI Chip Demand Surge
AVGO stock is near a buy point after selling off on earnings in March.
3 Chip Stocks to Buy to Invest in AI's Brain
Shares in global chipmakers have continued to move higher presenting some compelling chip stocks to buy. This is amid a more favorable macro backdrop and unprecedented demand for high-end chips that power artificial intelligence (AI) apps.
7 Dividend Stocks to Buy on the Dip: May 2024
Cash flow allows you to hold onto your investments while receiving extra money to cover your expenses. Many investors load up on dividend stocks as they get closer to retirement due to their yields.
Does Broadcom's (AVGO) Strong Portfolio Make it Worth Buying?
Broadcom's (AVGO) strong portfolio and expanding AI offerings with the introduction of 400G RoCE/RDMA Ethernet NICs make its top-line growth prospects bright.
America's highest-earning CEO was awarded a staggering $162 million last year — but there's a catch
Broadcom boss Hock Tan is the highest-earning CEO in the US, per a Wall Street Journal analysis. But Tan has to fulfill certain criteria to get his full $162 million pay package.
Broadcom Inc. (AVGO) Exceeds Market Returns: Some Facts to Consider
Broadcom Inc. (AVGO) closed the most recent trading day at $1,414.03, moving +1.34% from the previous trading session.
Broadcom's New Networking Gear Aims To Resolve AI Data Center Bottlenecks
Broadcom (AVGO) on Monday announced a new portfolio of scalable, high-performance, low-power networking and switching products to resolve connectivity bottlenecks in data centers running artificial intelligence applications. Broadcom stock rose on the news. The Palo Alto, Calif.-based company said its 400G PCIe Gen 5.0 Ethernet adapters will "revolutionize the data center ecosystem." The products offer an enhanced, open, standards-based Ethernet network interface card and switching solution for rapidly growing AI data centers. "At Broadcom, we recognize the significance of fostering a power-efficient and highly connected data center for AI ecosystem," Jas Tremblay, Broadcom's vice president and general manager of the data center solutions group, said in a news release. He added, "Broadcom is prioritizing open standards and fostering collaboration with industry leaders to deliver the most extensive selection of high-performance connectivity solutions for AI infrastructure." On the stock market today, Broadcom stock rose 1.3% to close at 1,414.03. Last week, Broadcom stock flirted with a buy point of 1,438.17 out of a 10-week consolidation pattern, according to IBD MarketSurge charts. Broadcom's latest networking chips use 5-nanometer process technology. Circuit widths on chips are measured in nanometers, which are one-billionth of a meter. "As the industry races to deliver generative AI at scale, the immense volumes of data that must be processed to train LLMs (large language models) require even larger server clusters," Patrick Moorhead, an analyst with Moor Insights and Strategy, said in a statement. "Ethernet presents a compelling case as the networking technology of choice for next generation AI workloads." The 400G PCIe Gen 5.0 Ethernet family is available from multiple server vendors, as well as from Broadcom. Broadcom stock is on the IBD Tech Leaders list. Follow Patrick Seitz on X, formerly Twitter, at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks. YOU MAY ALSO LIKE: Layoffs, Studio Closures Could Signal Bottom For Video Game Stocks Chip Gear Giant Applied Materials Beats Targets On DRAM Equipment Sales AMD Stock Rises On Microsoft Plan To Offer AMD AI Processors On Azure MarketSurge: Research, Charts, Data And Coaching All In One Place See Stocks On The List Of Leaders Near A Buy Point
3 Semiconductor Stocks That Could Be Heading Six-Feet Under
The AI hype train took semiconductor stocks to new heights last year. However, following a spectacular rally over the past couple of years, the semiconductor market is at a critical juncture.
Cybersecurity Champions: 3 Stocks to Hack-Proof Your Portfolio
It's no secret that companies are ramping up security spending to combat rising threats. The cybersecurity market is projected to reach $183 billion globally this year, presenting major growth opportunities in cybersecurity stocks.
