Broadcom

Stock Split Sends Broadcom Shares Surging: What’s Next for the AI-Driven Semiconductor Company?

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New York, NY – The CNBC Investing Club with Jim Cramer offers daily insights and discussions on the stock market during their “Morning Meeting” livestream. In a recent session, the focus was on the mixed performance of U.S. stocks. Analysts discussed how the producer price index data for May suggested a potential easing of inflation pressures, causing the S&P 500 to dip slightly from its record highs. Additionally, the release of weekly jobless claims indicated …

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Nvidia Stock Soars After Earnings: What This Means for AI Plays Like Broadcom, AMD, and Microsoft

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San Francisco, CA – Nvidia’s stock saw a significant rise in after-hours trading as the company reported earnings that exceeded expectations, announced a 10-for-1 stock split, and provided positive guidance. This news had a ripple effect on other tech stocks like Broadcom, Advanced Micro Devices, Taiwan Semiconductor, and Microsoft, which also saw slight gains in after-hours trading. Other companies such as Synopsys, Snowflake, and ELF Beauty also reported earnings, with varying outcomes. Synopsys fell short …

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KKR Closes In on $3.8 Billion Purchase of Broadcom Desktop Access Business, Deal Announcement Expected Soon!

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New York City, NY – Chipmaker Broadcom is on the verge of finalizing a $3.8 billion deal to sell its end-user computing unit to private equity firm KKR, sources familiar with the matter confirmed on Saturday. This move comes as Broadcom’s CEO, Hock Tan, aims to streamline the company’s operations following the completion of its $69 billion acquisition of software maker VMware in November. KKR emerged victorious in the auction for Broadcom’s end-user computing (EUC) …

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Nvidia Stock Skyrockets After AI Chips Demand Surges: Intel, Broadcom, Qualcomm Follow Suit in Thursday Trading

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Krakow, Poland – In a recent surge after hours of trading, various technology companies experienced notable increases in their stock prices. Nvidia, a company that designs AI chips for major tech giants such as Amazon, Microsoft, and Google, reported a significant rise in demand for its graphics processing units. This spike in demand is largely attributed to the ongoing AI boom. Following Nvidia’s earnings report, server component supplier Super Micro Computer saw an 11.42% increase …

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Artificial Intelligence Investments Send Nvidia, Broadcom, and Eaton Stocks Soaring!

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Investors were left feeling reassured about their investments in Big Tech companies Nvidia, Broadcom, and Eaton after a busy week of earnings reports. The companies emphasized their commitment to investments in artificial intelligence (AI) chips and data centers, signaling clear-cut priorities in this fast-growing sector. Nvidia, as the dominant maker of AI chips, stands to benefit significantly from the increased spending on AI infrastructure. Similarly, Broadcom as a partner with Alphabet on AI chips and …

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