News with the tag "Broadcom"

Intel’s golden era seems to have ended, and now, its rivals Taiwan Semiconductor Manufacturing Co. (TSMC) and Broadcom are circling the company’s carcass, both eyeing potential deals that would essentially split the U.S. chipmaking icon in two. TSMC is considering taking over and operating some or a...

Broadcom Inc. , a global semiconductor and infrastructure software giant, is facing backlash from its clients over significant changes to VMware’s licensing model as it plans to pivot to AI. When the tech company bought VMware in a $69 billion deal in 2023, its clients could choose from thousands of...

Broadcom stock recorded a 13% surge in premarket trading on Friday supported by solid AI projections for the first quarter of 2025 as well as on the back of strong fourth-quarter earnings performance. The company is projecting its revenue for Q1 FY2025 to reach $14.6 billion representing a 22% jump ...

ByteDance, the Chinese owner of TikTok, is working with U.S. chip designer Broadcom to develop an advanced artificial intelligence processor, Reuters reported on Monday. It comes as the company seeks to ensure a stable supply of high-performance chips for its AI products amid U.S. – China tensions. ...