News

Broadcom (NasdaqGS:AVGO) has launched a $35b AI infrastructure financing platform, called the AI XPV Platform, in partnership with Apollo Global Management and Blackstone. The platform is designed to support more than 20 gigawatts of AI compute capacity by 2028, with Anthropic and OpenAI as initial customers. Broadcom will provide custom XPUs and networking solutions, while Apollo and Blackstone focus on financing and leasing structures. For investors tracking AI infrastructure, this move...

At $396.60, Broadcom (NASDAQ:AVGO) is a Hold. The stock just suffered its second-largest negative earnings day reaction in nine quarters, and the reason behind it deserves more attention than the headline number. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for hyperscaler buildouts. Fiscal Q2 delivered strong results: revenue hit $22.19 billion, up ... 1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash

Stocks sank Tuesday as investors sold AI-related names, expressing caution and taking profits after a strong rally in recent months.

Broadcom Inc. (NASDAQ:AVGO) is one of the best NASDAQ stocks to buy and hold for 3 years. Broadcom Inc. (NASDAQ:AVGO) received a rating update from Benchmark on June 4. The firm lifted the price target on the stock to $545 from $485 and maintained a Buy rating on the shares, stating that shares sold off by […]

The AI XPV Platform targets 20 gigawatts of compute capacity through 2028

While the market spent Friday selling tech, Hightower Chief Investment Strategist Stephanie Link sees the sell-off as a way to get in on the next major opportunity. Speaking on CNBC the morning of June 8, Link argued that instead of treating cybersecurity as a sidecar to artificial intelligence, they should start treating it as the ... Wall Street Strategist: This Industry is “Bigger Than AI” And a Massive Buying Opportunity After Friday’s Sell-Off

Shares of Broadcom fell after its latest quarterly report, but the AI semiconductor giant could soar impressively due to its terrific prospects.

Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom's custom chips ‌and networking solutions as part of a tie-up between the ‌asset managers and the chipmaker. The initial commitment will expand the Claude Code creator's AI computing ​capacity by one gigawatt, the companies said on Tuesday. The capacity is expected to be deployed at Fluidstack-operated sites beginning mid-2026, with the cloud computing company providing the physical ‌data-center infrastructure that will ⁠run Anthropic's AI systems.

The chipmaker has been a market laggard for years, so what suddenly convinced investors it was time to get on board.

Shares of Qualcomm (NASDAQ:QCOM) are down 8% to $201 in Tuesday morning trading, while Marvell Technology (NASDAQ:MRVL) shares are off 10% to $260. The catalyst centers on news that ByteDance is moving forward with a custom AI silicon (ASIC) deal that touches Qualcomm directly, reshaping the merchant custom-silicon narrative across the sector. The selling action ... Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide

AMD's Data Center revenues surge 57% to a record $5.8B as AI infrastructure demand boosts EPYC and Instinct adoption across cloud and enterprise markets.

The Dow Jones Industrial Average was up, while the S&P 500 and Nasdaq Composite were down in late-mo

Oracle and OpenAI have a $300 billion deal for Oracle to build out AI data centers. Microsoft owns 27% of OpenAI, but the companies have renegotiated their cloud and licensing deals.

If it feels like we're uncomfortably close to the end of this one, that's understandable, but not necessarily a worry.

Broadcom, Apollo Global Management and Blackstone are launching a platform aimed at financing AI infrastructure, beginning with Anthropic’s expansion plans.

The AI XPV Platform is designed to enable more than 20 gigawatts of compute capacity for frontier AI labs through 2028

MRVL is riding on AI data center demand with surging interconnect, switching and custom silicon growth, but can that momentum keep accelerating?

MXL has skyrocketed 353% YTD after a sharp 2025 drop, driven by optical data center momentum, strong Q1 results and a multi-year growth outlook.

Broadcom 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 to finance artificial-intelligence infrastructure.

The chipmaker's stock has soared on a powerful AI growth story, but owning it means betting on flawless execution at a premium price.

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best AI Stocks to Buy in June. On June 5, TheFly reported that the Erste Group upgraded its rating on Broadcom to Buy from Hold, noting that the company is growing much faster than its sectoral peers. The analyst expressed optimism for the stock, emphasizing that it […]

Broadcom (NASDAQ:AVGO) just took one of the sharpest post-earnings drawdowns of the AI cycle, falling 13.78% in a single week despite posting 47.87% revenue growth and an eighth straight EPS beat. That dislocation is exactly why our model now sees meaningful upside back toward, and through, the $500 line. The stock trades at $396.60 as ... Price Prediction: Will Broadcom Stock Hit $500 This Year?

Zacks.com users have recently been watching Broadcom Inc. (AVGO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

US equity futures were higher pre-bell Tuesday as oil prices receded on optimism that a US-Iran peac

OpenAI announced it has confidentially filed for an initial public offering one week after competitor Anthropic announced it planned to go to market. The ChatGPT parent said in a blog post on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in the blog post.

Broadcom reported strong results but fell short of Wall Street's expectations.

Wall Street looked set to see chipmakers continue their rebound on Tuesday, with investors continuing to pick through the wreckage of last week's tech sell-off ahead of key US inflation data. Futures pointed higher across the board, with contracts on the Nasdaq 100 up 0.9%, S&P 500...

Ark Doubles Down on Big Tech Winners as AMD Faces Selling Pressure

Investors look set to carry on buying the dip in memory-chip makers, which took a beating in last week’s brutal AI pullback.

OpenAI announced it has confidentially filed for an initial public offering one week after competitor Anthropic announced it planned to go to market. The ChatGPT parent said in a blog post on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in the blog post.