Broadcom is certainly one of the companies that is known for making large acquisitions, and given its current focus on custom datacenter processors for AI, it could potentially be interested in taking over.
Apple is working with semiconductor company Broadcom on its first server chip designed to handle AI applications, according to The Information, which
Apple is working with Broadcom to develop its first server chip specially designed for artificial intelligence processing, the Information reported on Wednesday, citing people with direct knowledge of the matter.
Broadcom received a bullish note and price target upgrade from a Wall Street sell-side analyst today, building upon the blowout 2027 guidance management gave on the company's recent earnings call. On Monday, UBS analyst Timothy Arcuri raised his target on Broadcom from $220 to $270 per share, while maintaining his bullish stance on the name.
Apple is switching over to a new Bluetooth and Wi-Fi chip that it designed in-house starting in 2025, reports Bloomberg. The combined Bluetooth
In a heavily paywalled article, The Information reports that Apple is partnering with Broadcom to develop a new AI chip specifically designed for server use. Apple currently runs Apple Intelligence through its M-series chips on its servers through a system ...
Apple (NASDAQ:AAPL) and Broadcom (NASDAQ:AVGO) announced a new AI chip cooperation this week, which is good news for Broadcom, as it should result in additional bu
Broadcom (NASDAQ:AVGO) and Tesla (NASDAQ:TSLA) have rallied significantly this year, leading to a reduction in their weights in the Nasdaq 100 in its annual rebalancing, according to data compiled by Bloomberg.
Apple is partnering with semiconductor developer Broadcom and plans to launch a new AI chip to boost future server performance.
A report reveals that Apple could soon ditch its strategy of using its own M-chips for Broadcom ones on its AI servers. Here is what we know.
Apple Inc. is developing a server chip designed especially for artificial intelligence and is working with Broadcom Inc. on the chip’s networking technology, the Information reported, citing a person with direct knowledge of the project.
Year to date, Nvidia remains the biggest driver of BATMMAAN gains, up 163%, followed by Broadcom's late-year surge to 115% and by 93% for Tesla, 75% for Meta, 52% for Amazon.com, 39% for Alphabet, 31% for Apple and 20% for Microsoft - which incidentally is the top holding among hedge funds.