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The Magnificent Seven are high-performing technology stocks. Currently, this group includes Alphabet, Amazon, Apple, Broadcom, Meta Platforms, Microsoft, and NVIDIA.
The tech-laden Nasdaq Composite index hit its most recent high on Dec. 16, 2024, but it has pulled back since then on account ...
Fueled by explosive AI growth, strong CapEx spending from tech giants, and a gigantic share buyback program, Broadcom is well ...
That morning, before the market's opening bell, Seaport Global Securities's Jay Goldberg launched his coverage of Broadcom.
We recently published a list of 12 Best Major Stocks to Buy According to Billionaires. In this article, we are going to take ...
However, as Nvidia's GPU prices have skyrocketed due to its dominant market position, more and more companies have started to design their own AI custom chips with the help of Broadcom.
Broadcom's first custom AI chip customer was Alphabet, for which it helped design the Tensor Processing Unit (TPU). These chips were developed specifically to optimize AI workloads within Google ...
Due to the market fixation on AI, many have become aware of Broadcom’s relationship with Google’s parent company, Alphabet (NASDAQ:GOOGL). Alphabet developed its Tensor Processing Units (TPUs ...
As earnings season hits its stride, Broadcom and other big tech companies are receiving welcome news on the CAPEX front: · Alphabet (GOOGL) reiterated its gargantuan CapEx guidance.
Broadcom's stock has declined 42% since December ... The following chart shows how much Alphabet, Amazon, Meta, and Microsoft increased capital expenditures – especially for artificial ...