Broadcom AVGO0.71%increase; up pointing triangle said it will partner with Apollo Global Management and Blackstone’s credit and insurance business to launch a platform backed by an initial $35 billion ...
Broadcom is benefiting from the shift to custom AI chips. Here's what its surging AI revenue and guidance mean for the stock.
That $100 billion is just a massive number. Broadcom reported total revenue of just under $64 billion in fiscal 2025, with about $20 billion coming from AI revenue. Citigroup, meanwhile, has estimated ...
Broadcom is aggressively positioning itself to lead in AI infrastructure development. AVGO has partnered with Meta, Applied Materials, and GlobalFoundries to launch a $125M AI chip research lab at ...