Broadcom
11 stories related to this topic, newest first.
rte.ieTech Stocks Slide on Weak AI Outlook, Lululemon Plunges 12% on Forecast Cut, Chipotle Rises on Upgrade
Chipotle gained after an upgrade while AI-linked names fell and Lululemon hit an eight-year low. The moves came on a day when Broadcom's outlook weighed on technology shares.
benzinga.comBroadcom Revenue Miss Prompts Semiconductor Stock Declines
Broadcom shares fell 14 percent in pre-market trading after the company reported lower-than-expected revenue and reduced guidance for semiconductor sales tied to artificial intelligence. Several other chipmakers also declined.
CnbcUCLA to Host $125 Million Semiconductor Research Hub with Five Companies
Broadcom, Meta, Applied Materials, GlobalFoundries and Synopsys will fund a five-year semiconductor research partnership at UCLA. The hub will focus on AI chip technologies, workforce training and faster commercialization of new designs.
SemaforAnthropic Agrees to Spend $363 Billion on Cloud Computing and Chips
Anthropic has committed to major payments for computing resources over the coming years. The company agreed to pay Google $200 billion over five years, Amazon Web Services $100 billion over a decade, and Broadcom $63 billion by 2027. Other large technology companies also announce…
Substrate placeholder — needs reviewBroadcom and Meta Announce Custom AI Accelerator Partnership with Initial 1-Gigawatt Deployment
Broadcom announced a partnership with Meta to design custom artificial intelligence accelerators, leading to an initial 1 gigawatt deployment. The deal is expected to scale to multiple gigawatts through 2029. Broadcom's stock increased nearly 4% on Wednesday.
Substrate placeholder — needs reviewMeta Platforms Agrees to Deploy 1 Gigawatt of Custom AI Chips with Broadcom Through 2029
Meta Platforms announced a multi-gigawatt deal with Broadcom for custom AI chips, including an initial 1 gigawatt deployment of Training and Inference Accelerators. The partnership extends through 2029 for chip design and related technologies. Broadcom CEO Hock Tan will leave Met…
OS: Microsoft Corporation Screenshot: PantheraLeo1359531 😺 (talk) / Wikimedia (Public domain)Tech Sector Updates: Microsoft Azure Growth, Broadcom Partnerships, Meta AI Launch, and Anthropic-Palantir Discussion
Recent reports highlight Microsoft Azure's projected growth for the fiscal third quarter. Broadcom announced new deals with Google and Anthropic for AI infrastructure. Meta launched an AI initiative, while discussions continue between Anthropic and Palantir.
Substrate placeholder — needs reviewIntel Tops List of Most Overbought Stocks Following Weekly Gains and New Partnerships
Intel shares rose nearly 25% this week, reaching a 14-day relative strength index of 75, after announcing expanded partnerships with Google and involvement in Elon Musk's Terafab project. Broadcom also appeared on the overbought list with an RSI of 71 following similar deals. Maj…
Substrate placeholder — needs reviewAnthropic Announces Project Glasswing with Tech and Cybersecurity Partners
Anthropic launched Project Glasswing to enhance cybersecurity using its AI model, partnering with companies including Amazon AWS, Apple, Broadcom, CrowdStrike, Palo Alto Networks, Alphabet's Google, Microsoft, and Nvidia. The initiative aims to secure critical software by identif…
Substrate placeholder — needs reviewBroadcom Announces AI Chip Supply Deals with Google and Anthropic
Broadcom has signed an agreement to supply multiple gigawatts of next-generation tensor processing unit capacity to Anthropic for its AI infrastructure. The company also reached a deal to produce future versions of AI hardware for Google through 2031. These agreements have prompt…
Intel Free Press / Wikimedia (CC BY 2.0)Anthropic Signs Largest Compute Deal with Google and Broadcom for TPU Capacity Starting 2027
Anthropic has entered into its largest compute agreement with Google and Broadcom, securing multiple gigawatts of Tensor Processing Unit capacity beginning in 2027. The deal involves collaboration for AI infrastructure. It occurs amid competition for power and grid resources shar…