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DriveNets raised $410 million to expand AI networking infrastructure.

FEATURE The rebound in software stocks looked set to fizzle out as Wall Street pivoted back toward the chip and server makers that have helped power the market to all-time highs in recent months. Oracle fell 5%, ServiceNow dropped 5.

Broadcom (NASDAQ:AVGO) shares climbed more than 6% in premarket trading on Tuesday after Alphabet announced plans to raise $80 billion in new equity capital to support a major expansion of its artificial intelligence infrastructure. The fundraising initiative reinforced investor confidence in companies positioned to benefit from the rapid growth of AI-related spending, including Broadcom, which maintains a deep strategic relationship with Google.

Two stories were moving markets on Tuesday—Google parent Alphabet unveiled a plan to issue $80 billion of equity, and Nvidia CEO Jensen Huang said Marvell Technology could top a $1 trillion valuation. Both events were giving Broadcom stock a boost. Alphabet’s plan to raise tens of billions of dollars to help pay for its AI infrastructure drew a mixed response from the market, but bodes well for Broadcom.

Investing.com -- Broadcom shares gained over 6% in premarket trading Tuesday after Alphabet unveiled plans to raise $80 billion in equity, a massive fundraise aimed at accelerating its AI infrastructure buildout.

↘️ Alphabet (GOOGL): The stock fell more than 2.5% premarket after the company said it plans to raise $80 billion to help finance AI infrastructure investments. Shares in Berkshire Hathaway (BRK.B), which agreed to buy $10 billion of stock, are little changed ahead of the bell.

Retail sentiment for GOOGL remained ‘bearish’

Broadcom's custom chips are well suited to capitalize on the artificial intelligence (AI) inferencing boom.

Broadcom's custom chips and AI networking are winning market share in data centers.

Wall Street has spent years pricing AI chip stocks on one core assumption: raw computing power wins. More transistors, more speed, more performance. That was the race, and investors bid up names including Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and Broadcom (AVGO) ...

Alphabet and Broadcom are two great ways to play the AI boom.

In late May 2026, Broadcom and partners including Samsung, FuriosaAI, Applied Materials, LSEG, and telecom operators announced new Wi‑Fi 8, 50G PON, FWA, and AI accelerator platforms that tie Broadcom’s chips deeper into both AI data centers and next‑generation broadband networks. These moves highlight how Broadcom is trying to link its fast‑growing AI semiconductor franchise with “edge AI” in homes and enterprises, potentially widening the company’s role across the full path from cloud to...

Broadcom Inc. (NASDAQ:AVGO) is one of the 12 Stocks Most Bought by Hedge Funds in Q1 2026. On May 28, Susquehanna analyst Christopher Rolland increased the firm’s price target on Broadcom Inc. (NASDAQ:AVGO) from $450 to $490 and maintained a Positive rating on the stock. The research firm updated its model ahead of the company’s […]

Dow Jones Futures: Broadcom, Micron, Nvidia and Sandisk were big winners Monday. Credo plunged on earnings late.

(Article updated to include consolidated revenue figures in the fourth paragraph, as confirmed by Op

Anthropic has taken its first formal step toward a public listing, confidentially submitting a draft S-1 registrati...

US benchmark equity indexes were mostly higher intraday as Nvidia (NVDA) helped lift the technology

The semiconductor maker's spectacular ascent over the past year begs the question: Is the stock a buy now?

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer noted the stock hitting its all-time high, as he said: After the close, club members beware, we have both Broadcom and CrowdStrike, two very important positions for the Trust. Both […]

Broadcom Inc. (NASDAQ:AVGO) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer mentioned the stock during his game plan, as he remarked: After the close, club members beware, we have both Broadcom and CrowdStrike, two very important positions for the Trust. Both hit […]

As the market indexes ride a robust power trend, Nvidia, Google, Eli Lilly and more lead this elite crop of stocks to watch.

We just covered the 10 Best Stocks to Buy Right Now According to AI and Broadcom Inc. (NASDAQ:AVGO) ranks 2nd on this list. Broadcom Inc. (NASDAQ:AVGO) is a diversified technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company’s semiconductor division focuses on complex digital and mixed-signal […]

We just covered the 10 Best Stocks to Buy Right Now According to AI and Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks 1st on this list. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest dedicated pure-play semiconductor foundry, serving as the essential manufacturing backbone for the global technology industry. Operating an advanced manufacturing […]

S&P 500 companies' quarterly earnings growth held steady at nearly 28% compared with financials repo

Broadcom's quarterly results and earnings calls are worth following for AI growth stock investors.

NVDA's ACIE revenues jump 74% YoY to $37.38B in Q1, as enterprises, industry and governments scale AI infrastructure.

Wall Street heads into the first week of June riding a wave of record highs, but investors will have plenty to digest in the days ahead as fresh economic data, major technology earnings and ongoing developments in the Middle East compete for attention. The marquee event arrives Friday with...

Broadcom heads into fiscal Q2 results targeting $22B revenues as AI sales surge, yet flat 77% gross margin and stretched valuation raise risk.

Broadcom's AI chip and networking businesses are driving rapid growth, with revenue and earnings projected to more than double by FY27.

US equity futures were edging higher pre-bell Monday despite the shaky Middle East ceasefire being t