Broadcom’s AI success won’t all come at Nvidia’s expense
3 months, 1 week ago

Broadcom’s AI success won’t all come at Nvidia’s expense

Live Mint  

There’s a new trillion-dollar AI chip maker in town. Broadcom’s fiscal fourth-quarter report last week included a long-term forecast for its artificial-intelligence business that has lighted up its stock price and pushed the company’s market capitalization past $1 trillion. It also appears to have done the opposite for Nvidia: The AI chip titan’s stock has shed about 4% over the past two days while Broadcom’s has surged by 38% in that time. During the company’s earnings call with analysts, Tan said Broadcom’s three largest big-tech customers are expected to spend between $60 billion and $90 billion in the fiscal year ending October 2027 on ASIC chips and networking components, the two AI chip markets Broadcom serves. Broadcom’s AI business is also still a fraction of Nvidia’s, which reported $98 billion in data-center revenue for the 12-month period ended October.

History of this topic

Don’t go all-in on Nvidia stock. Here’s how to play the AI trade now.
2 weeks, 2 days ago
Nvidia sales boosted by rise in AI models that ‘reason’
Trending News
3 weeks, 6 days ago
Nvidia is far from running out of road
3 weeks, 6 days ago
Nvidia sales surge in the fourth quarter on demand for AI chips
1 month ago
Nvidia sales surge in the fourth quarter on demand for AI chips
Trending News
1 month ago
Nvidia Q4 Results Today: Will Silicon Valley’s AI leader lift Wall Street’s ‘Mag Seven’ from correction territory?
1 month ago
Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
1 month ago
Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago
Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago
Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 2 weeks ago
Tech giants double down on their massive AI spending
1 month, 2 weeks ago
AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips
1 month, 3 weeks ago
DeepSeek damage: On Jan 27, Nvidia lost combined networth of Starbucks, PepsiCo, McDonald's and Target
1 month, 3 weeks ago
SoftBank eyes $40 billion OpenAI investment as US-China AI race heats up: Report
1 month, 3 weeks ago
Microsoft and Meta’s AI splurge still not enough for Nvidia
1 month, 3 weeks ago
‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise
1 month, 3 weeks ago
Nvidia is in danger of losing its monopoly-like margins
1 month, 3 weeks ago
Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices
1 month, 3 weeks ago
Why Nvidia needs to appeal to a bigger crowd
2 months, 2 weeks ago
Nvidia CEO pitches robotics, cars as growth areas to consumer-electronics audience
2 months, 2 weeks ago
CES 2025: Nvidia's new personal AI supercomputer costs over Rs 2,50,000 and anyone can use it at home or office
2 months, 2 weeks ago
Microsoft to invest over $80 billion on specialised AI data centres in fiscal year 2025
2 months, 3 weeks ago
Microsoft to Spend $80 Billion on AI Data Centers This Year
2 months, 3 weeks ago
Nvidia's market value gets $2 trillion boost in 2024 on AI rally
2 months, 3 weeks ago
Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
2 months, 3 weeks ago
NVIDIA completes $700 million acquisition of Israeli AI startup Run:ai, to turn it Open Source
2 months, 3 weeks ago
Nvidia closes $700 million Run:ai acquisition after regulatory hurdles
2 months, 3 weeks ago
Apple approaches $4 trillion valuation as investors bet on AI momentum
3 months ago
Apple chip supplier Broadcom hits $1 trillion market valuation for first time
3 months, 1 week ago
Broadcom stock jumps 21%, hits four-year high on AI boom to top $1 trillion market value for first time
3 months, 1 week ago
Salesforce Posts Strong Revenue With Promise of AI Boost
3 months, 3 weeks ago
The next AI battle: Who can get the most Nvidia chips in one place
4 months ago
Nvidia Says New Chip Remains on Track, Helping Soothe Investors
4 months ago
Nvidia’s coming year will be a turbulent one
Trending News
4 months ago
NVIDIA sees a record 94% surge in revenue, more than doubles its profit from last year
4 months ago
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months ago
Nvidia is Wall Street's most valuable company. How it got there, by the numbers
4 months ago
Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations
4 months ago
Nvidia Says New Chip Remains on Track After Forecast Disappoints
Trending News
4 months ago
Nvidia is Wall Street’s most valuable company. How it got there, by the numbers
4 months ago
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months ago
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months, 1 week ago
AMD Layoffs: To cut 4% of global workforce as it focuses on AI chip development
4 months, 1 week ago
Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body
4 months, 2 weeks ago
NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector
4 months, 2 weeks ago
The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster
4 months, 3 weeks ago
Nvidia suffers record $279 billion loss in market value as Wall Street drops
6 months, 3 weeks ago
Nvidia share price falls despite strong earnings results
6 months, 3 weeks ago
Nvidia can’t escape shadow of AI spending fears
6 months, 3 weeks ago

Discover Related