Marvell Technology Inc. (MRVL) faces a test of whether its AI interconnect growth can justify a premium valuation relative to Broadcom Inc. (AVGO) and Nvidia Corp. (NVDA), as investors weigh the compa…
Broadcom Inc. disclosed that Anthropic will access approximately 3.5 gigawatts of additional Google TPU-based capacity beginning in 2027, with Apollo Global Management leading a $35 billion capital pa…
A potential US ban on Chinese optical transceiver modules would hurt US hyperscalers like Amazon.com Inc. and Microsoft Corp., exacerbating a supply bottleneck that no American firm can ease, research…
Blackstone Inc. has held early discussions with investors to gauge interest in a second mega debt package of at least $36 billion to finance Anthropic PBC's use of chips from Alphabet Inc.'s Google, a…
Nexus Data Centers is in advanced talks to secure $15 billion in financing to build an AI data center campus in Hubbard, Texas, for Anthropic, with Morgan Stanley leading the debt package and Google p…
Samsung Electronics Co.'s semiconductor arm reported a more than 250-fold jump in operating profit to 89.2 trillion won ($62 billion) in the June quarter, driven by AI-driven demand for memory chips. …
An experiment comparing a chat response from Claude.ai with a response from the Fable 5 Model using LangChain Python demonstrates the difference between an LLM model and an AI agent, as reported by a …
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., focusing on Samsung's 2-nanometer and below process technologies through 2030. The deal expands the…
Samsung Electronics Co. and SK Hynix Inc. are set to announce major chip supply deals with leading US technology companies during President Lee Jae Myung's visit to Silicon Valley, a senior presidenti…
Blackstone Inc. reported a 26% jump in distributable earnings to $1.97 billion for the second quarter, beating analysts' estimates of $1.66 billion, driven by profits from exits and artificial intelli…
Wall Street banks including Bank of America Corp. and Morgan Stanley have begun trading parts of a $35 billion financing package for Broadcom Inc. and Anthropic PBC's AI infrastructure expansion, with…
UBS's trading desk says the selloff in momentum stocks is nearing an end, creating an opportunity to buy artificial intelligence and semiconductor shares. Hedge funds have unwound long positions in mo…
Nvidia Corp. remains far ahead in accelerated computing, but AMD Inc., Broadcom Inc. and other challengers are positioning themselves for a market in which demand may support multiple winners, accordi…
Qualcomm Inc. shares surged after the chipmaker forecast annual sales of more than $15 billion from AI data center components by fiscal 2029, part of a broader $40 billion revenue target for non-hands…
OpenAI and Broadcom unveiled their first custom AI chip, Jalapeno, which shows cost savings of roughly 50% compared to typical AI GPUs. The chip is being tested and will be integrated into data center…
A $35 billion AI infrastructure platform plan has been announced, affirming Broadcom Inc. (AVGO) as a promising growth stock to buy. The initiative underscores Broadcom's strategic position in the AI …
Broadcom Inc. shares fell by as much as 15% Thursday, the biggest intraday decline in more than 16 months, after the company forecast AI chip revenue of $16 billion for the fiscal third quarter, missi…