Broadcom has beaten analyst estimates for revenue and earnings per share in 80% of recent quarters. Will the trend continue?
It has been a tough start to the year for Broadcom (NASDAQ:AVGO), and shares have fallen almost 20% as 2025 enters its third month. Much of
Stocks Analysis by Investing.com (Damian Nowiszewski) covering: Intel Corporation, Broadcom Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Artificial Intelligence is a hot theme today. It has electrified markets and led to a massive surge in investments and impressive advancements in the AI space. However, I think the AI industry is still in the growth stage and the transformation is only beginning.
Broadcom investors evidently don't like the idea of the company potentially using Intel as its manufacturer, and sent the stock down by as much as 4.2% today. Broadcom's shares fell by 2.2% as of 11:25 a.m. ET.
The compensation committee heaped praise on Brazeak for gaining regulatory approvals for Broadcom's $69 billion acquisition of VMware.
Chip designers Nvidia and Broadcom are running manufacturing tests with Intel , two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company's advanced production techniques.
With its stock plunging -20% YTD, Broadcom's investors must be a nervous bunch heading into its Q1 2025 report. See why I upgrade AVGO from sell to hold.
Discover why Broadcom Inc.'s fundamentals, fair valuation, and low RSI signal exciting opportunities ahead of its Q1 earnings. Click for more on AVGO.