Early on and the S&P 500 500 ( SP500) was +0.4%, the Nasdaq Composite ( COMP:IND) was +0.6%, and the Dow ( DJI) was +0.3%. The 10-year Treasury yield ( US10Y) fell 3 basis points to 4.24%. The 2-year yield ( US2Y) fell 3 basis points to 3.

Broadcom addresses a few nasty zero-day vulnerabilities affecting its hypervisors, and Pison CEO John Croteau talks about how it’s wearables are improving the world of medicine. Starring

Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, gave an upbeat revenue forecast, reassuring investors that spending on artificial intelligence computing remains healthy.

Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, soared in late trading after an upbeat forecast reassured investors that spending on artificial intelligence computing remains healthy.

Broadcom's heavy reliance on Apple and China poses substantial risks to future revenues. Read more to see why AVGO stock is a Strong Sell.

During a conference call with analysts, Tan said Broadcom was ramping up production of AI chips for hyperscalers — a term that describes giant data center operators. He said the company’s custom semiconductors can be more effective in some cases than general-purpose accelerator chips, the kind of product sold by Nvidia Corp.

KEY TAKEAWAYS Broadcom shares are surging in premarket trading Friday after the chipmaker posted quarterly results and an outlook that topped analysts’ expectations on the back of robust demand for its artificial intelligence semiconductors.

Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably dominant – share of AI inference.

Broadcom’s last earnings report made the chip maker a $1 trillion company. Its latest one should help it reclaim that mantle. Broadcom helps tech companies like Google design their own processors for artificial-intelligence uses.

The world of wireless connectivity keeps evolving, and Wi-Fi 7 is the latest leap forward in the technology. But if you're wondering which

Broadcom shares soared 13% on strong Q1 results, driven by AI hardware demand. Revenue grew 25% YoY and free cash flow grew 28%. See more on AVGO stock here.