Intel NASDAQ:INTC, a U.S. semiconductor manufacturer that produces central processing unit chips and operates a foundry business, is expected to report stronger second-quarter results after the market closes, although even a significant earnings beat may not be enough to reverse the stock's sharp J…
Broadcom’s AVGO VMware Cloud Foundation (VCF) is becoming a major growth engine for the Infrastructure Software business. Demand for VCF 9.1 remains strong as enterprises increasingly deploy on-premises private clouds to support AI inference, Kubernetes and traditional virtualized workloads on a co…
Morgan Stanley said the recent sell-off in semiconductor stocks has created an attractive opportunity for investors, naming Nvidia Corp. (NVDA) and Broadcom Inc. (AVGO) as its top picks in AI compute while identifying memory stocks as a "compelling entry point" after their recent pullback.According…
EU industry groups asked regulators for at least three-year interim measures against Broadcom over 2023 VMware license changes, citing sharp price hikes and exclusion of many cloud
Mark David Brazeal, an officer serving as Chief Legal & Corp Affairs Ofc, reported a direct sale of Broadcom common stock. The filing reports a weighted average sale price of $401.329 per share across multiple trades. The transaction list shows 25,000 shares disposed for a total sale amount of $10…
SK hynix (SKHYV) led a broad decline in AI and memory chip stocks on Monday after shares fell sharply in South Korea, triggering weakness across semiconductor names in premarket trading.The move followed SK hynix's recent Nasdaq debut, which raised about $26.5 billion through the sale of American d…
Meta Platforms NASDAQ:META fell 0.23% in premarket as Citizens reiterated a Market Outperform rating and $800 price target, citing continued Instagram engagement momentum. Global time spent on Instagram grew approximately 13% year-on-year in June, marking the 13th consecutive month of double-digit…
FN Media Group Presents Oilprice.com Market CommentaryNEW YORK, July 10, 2026 /CNW/ -- Every great economic era has been defined by a fight over a single resource. In the 19th century, it was coal, and the British Empire was built on top of it. In the 20th century, it was oil, and the modern Middle…
Broadcom NASDAQ:AVGO, a chip company involved in custom AI silicon, and Anthropic, an AI company, are preparing to see part of a $35 billion financing package tied to AI infrastructure expansion become available for trading. The deal, arranged by Apollo Global Management NYSE:APO, an alternative as…
Broadcom NASDAQ:AVGO shares climbed more than 3% on Wednesday after investor sentiment improved following the extension of the company's long-term chip supply agreement with Apple NASDAQ:AAPL.The updated agreement runs through 2031 and includes Apple's $1.5 billion investment in Broadcom's Fort Col…
Apple NASDAQ:AAPL, the iPhone maker, has expanded its agreement with Broadcom NASDAQ:AVGO, a chipmaker that has long supplied Apple with wireless components, in a deal expected to exceed $30 billion. The agreement is expected to support the production of more than 15 billion chips in the US, while…
Apple NASDAQ:AAPL committed $30 billion to buy US-made chips from Broadcom NASDAQ:AVGO over five years, as part of Apple's $600 billion US spending commitment made during Donald Trump's presidency to avoid his tariffs on Apple products. The deal is expected to result in 15 billion chips produced do…
China's DeepSeek, an AI developer at the center of China's push to compete globally in artificial intelligence, is reportedly developing its own chip to help run AI systems. Reuters reported on Tuesday, citing unnamed sources, that the chip is being designed for inference, the stage when trained AI…
Broadcom NASDAQ:AVGO shares fell about 3% on Tuesday after Erste Group downgraded the semiconductor company to Hold from Buy, saying its premium valuation already reflects much of its positive business outlook.Erste Group said Broadcom is expected to maintain strong gross and operating margins, but…
Broadcom NASDAQ:AVGO, the Hock Tan-led chip company, saw its shares slip 3% in premarket trading on Tuesday after Erste Group downgraded the stock to Hold from Buy, pointing to valuation concerns. Analyst Hans Engel suggested the company's gross margin and operating margin are expected to remain st…
By Anna SzymanskiWhat matters in U.S. and global markets todayBy Anna Szymanski, Editor-in-Charge, Reuters Open InterestU.S. chip stocks staged a comeback on Monday, but that momentum stalled heading into Tuesday as concerns about the durability of the AI chip frenzy weighed on shares in Asia trad…
By Pete SchroederWall Street surged on Monday and oil prices settled around pre-Iran war levels, as investors eyed new developments in the AI and chipmaker sector ahead of corporate earnings.All three major U.S. indexes ended the day higher. The Dow Jones Industrial Average DJ:DJI ended the day up…
By Noel Randewich and Ragini MathurThe S&P 500 and Nasdaq ended sharply higher on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season.Broadcom NASDAQ:AVGO j…
By Noel Randewich and Ragini MathurThe S&P 500 and Nasdaq ended sharply higher on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season.Broadcom NASDAQ:AVGO j…
By Noel Randewich and Ragini MathurWall Street climbed on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season.Broadcom NASDAQ:AVGO jumped 3.8% after the chi…
