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Bloomberg38d agobullish
Broadcom, Apple Expand Partnership to 2031 With Custom Chips

(Bloomberg) -- Broadcom Inc. said Monday that it will provide custom chips for Apple Inc. in an expanded deal that runs through 2031.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsFIFA Allows Balogun to Play After Trump Call Sparking UproarThe companies have signed a new multi-year

Broadcom, Apple extend chip partnership through 2031
Reuters38d agoneutral
Broadcom, Apple extend chip partnership through 2031

Broadcom said on Monday that ‌the chipmaker and ‌Apple have agreed to expand ​their partnership through 2031 to develop and supply a range of custom ‌chips. Broadcom has ⁠been a long-standing supplier to Apple, ⁠providing key components, including custom radio frequency ​chips used ​in ​iPhones, Wi-Fi and ‌Bluetooth connectivity chips, and other networking semiconductors. Apple is one of Broadcom's largest customers.

This Week In AI Chips - AI Surge Fuels MLCC Demand and Supply Challenges
Simply Wall St.38d agobullish
This Week In AI Chips - AI Surge Fuels MLCC Demand and Supply Challenges

Recent developments in the AI chip sector have led to a significant surge in demand for high-end multilayer ceramic capacitors (MLCCs), crucial components in AI server platform upgrades and custom ASIC development by cloud service providers. According to TrendForce, the book-to-bill ratios for leading Japanese and Korean MLCC suppliers have reached their highest levels since the pandemic, suggesting potential supply shortages. The AI-driven demand has caused a shift in production priorities...

Broadcom (AVGO) is One of BlackRock’s 30 Most Important AI Stocks, Here is Why
Insider Monkey39d agoneutral
Broadcom (AVGO) is One of BlackRock’s 30 Most Important AI Stocks, Here is Why

Broadcom Inc. (NASDAQ:AVGO) is one of BlackRock’s 30 most important AI stocks right now. In early June, Broadcom Inc. (NASDAQ:AVGO) highlighted its broadband Edge AI portfolio. The range of AI-powered broadband offerings consists of a 50G PON gateway SoC, an extensive Wi-Fi 8 product portfolio, and a joint 5G and Wi-Fi 8 fixed wireless access […]

Top Analyst strongly resets AMD stock price target
TheStreet39d agoneutral
Top Analyst strongly resets AMD stock price target

Wall Street just picked a new favorite in the AI chip race, and it isn't the company most investors expect. According to Investing.com, Cantor Fitzgerald analyst C.J. Muse raised his price target on Advanced Micro Devices (AMD) to $700 from $500 on June 29, keeping his Overweight rating. That ...

Why Broadcom Inc.’s (AVGO) Custom AI Silicon Growth Still Supports Its Estimate Story
Insider Monkey39d agoneutral
Why Broadcom Inc.’s (AVGO) Custom AI Silicon Growth Still Supports Its Estimate Story

Broadcom Inc. (NASDAQ:AVGO) is one of the stocks with rising earnings estimates and fresh catalysts. The stock has 31 upward EPS revisions and 10 downward revisions for the upcoming fiscal year over the last three months, while revenue estimates show 25 upward revisions and 13 downward revisions. The gross number of upward revisions is strong, […]

DGRO vs. VIG: Which Dividend-Growth ETF Compounds Your Income Faster?
24/7 Wall St.40d agoneutral
DGRO vs. VIG: Which Dividend-Growth ETF Compounds Your Income Faster?

The iShares Core Dividend Growth ETF (NYSEARCA:DGRO) and the Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) look like siblings on any fund screener: both hunt large-cap U.S. companies with a history of raising dividends, both charge single-digit basis points, and both distribute quarterly. The real divergence sits in the fine print of their index rules, and that ... DGRO vs. VIG: Which Dividend-Growth ETF Compounds Your Income Faster?

Broadcom (AVGO) Backs DriveNets Tomahawk 6 Push For Open Ethernet AI Data Centers
Simply Wall St.41d agoneutral
Broadcom (AVGO) Backs DriveNets Tomahawk 6 Push For Open Ethernet AI Data Centers

DriveNets is expanding its AI Fabric portfolio with Broadcom’s Tomahawk 6 ASIC for large scale AI data centers. The new open Ethernet based networking platforms are aimed at hyperscale AI clusters and are targeted for deployment in Q3 2026. The partnership broadens Broadcom’s role in AI infrastructure by putting its latest high capacity, power focused silicon at the core of next generation data center networks. For investors watching Broadcom (NasdaqGS:AVGO), this new DriveNets...

JPMorgan names 2 Strong Buy picks for the rest of 2026
TheStreet41d agobullish
JPMorgan names 2 Strong Buy picks for the rest of 2026

U.S. equities have been solid so far in 2026, and according to JPMorgan's global investment strategist, Kriti Gupta, the S&P 500 could climb as high as 9,000 by mid-2027. That would mark a gain of about 20% from where the index sits now. The bank's analysts back that outlook with two specific ...

The Economy Is Losing Steam After Adding Just 57,000 Jobs in June — But I’m Still Bullish On These 3 Unstoppable AI Stocks
24/7 Wall St.41d agoneutral
The Economy Is Losing Steam After Adding Just 57,000 Jobs in June — But I’m Still Bullish On These 3 Unstoppable AI Stocks

June’s jobs report was weak. That’s perhaps understating it. In an economy of more than 300 million people, the U.S. economy was only able to eke out 57,000 jobs this past month. And on top of those numbers, revisions to prior month estimates hit investors in the face, suggesting that the consumer could be slowing ... The Economy Is Losing Steam After Adding Just 57,000 Jobs in June — But I’m Still Bullish On These 3 Unstoppable AI Stocks

Broadcom Has Barely Moved in 2026. Should You Switch to AMD or Intel Now?
24/7 Wall St.41d agoneutral
Broadcom Has Barely Moved in 2026. Should You Switch to AMD or Intel Now?

Shares of Broadcom (NASDAQ:AVGO) have gone almost nowhere in 2026, up just 4.15% year to date (YTD) while the rest of the AI chip complex has ripped higher. The U.S. markets are closed Friday for the Independence Day holiday, giving investors a clean moment to review the scoreboard heading into the second half. Advanced Micro ... Broadcom Has Barely Moved in 2026. Should You Switch to AMD or Intel Now?

VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026
24/7 Wall St.41d agoneutral
VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

The Vanguard Information Technology ETF (NYSEARCA:VGT) just gave back a chunk of its 2026 run, sliding 5% in a single week as semiconductor names corrected. The fund is still up about 21% year to date and roughly 39% over the past year, but holders should treat that pullback as the market beginning to question the ... VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

This Week In AI Chips - Blockchain Meets Stocks With Onchain Tokenization Trends
Simply Wall St.41d agoneutral
This Week In AI Chips - Blockchain Meets Stocks With Onchain Tokenization Trends

Recent developments in the AI chip sector have seen a significant shift towards onchain tokenization of real-world assets, as evidenced by a new partnership between Bitget Wallet and Robinhood Crypto. This collaboration enables the integration of Robinhood Chain, an Ethereum Layer 2 solution, within Bitget Wallet, allowing users to trade Stock Tokens representing major companies like NVIDIA, Google, and Apple. The initiative demonstrates the growing trend of incorporating traditional finance...

Jim Cramer Explains How NVIDIA Can Change “Direction of the Price”
Insider Monkey41d agoneutral
Jim Cramer Explains How NVIDIA Can Change “Direction of the Price”

NVIDIA Corporation (NASDAQ:NVDA) was among the stocks on Jim Cramer’s Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Discussing stocks that have declined in the second quarter, Cramer mentioned the company and its possible competitors. Six: NVIDIA. NVIDIA, down just over 5% this month. At these levels, […]