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Category Broadcom

Broadcom (AVGO) Stock Surges 12% in 5 Days, AI Demand Rises

Broadcom (AVGO) Stock Surges 12% in 5 Days, AI Demand Rises

Shares in Broadcom (AVGO) stock have gotten a significant boost in the last five days, climbing as much…
Fidelity sues Broadcom, says cutoff of VMware software threatens major system failures

Fidelity sues Broadcom, says cutoff of VMware software threatens major system failures

Fidelity Technology Group, the tech arm of investment manager Fidelity, told a court in Suffolk County on Friday that Broadcom is about to pull the...
TSMC resists customer push to quickly scale factory capacity for AI boom

TSMC resists customer push to quickly scale factory capacity for AI boom

TSMC is holding back on rapid expansion plans, even as technology companies push for faster production to meet soaring artificial intelligence dema...
OpenAI CEO Sam Altman's 2033 250 GW target could cost up to $12.5 trillion

OpenAI CEO Sam Altman's 2033 250 GW target could cost up to $12.5 trillion

OpenAI is about to test how far ambition can go before it melts the servers. Analysts at Citi said this week that the company will need to spend mo...
Blackwell AI chips remain off-limits to China, Nvidia CEO confirms

Blackwell AI chips remain off-limits to China, Nvidia CEO confirms

Jensen Huang, the head of Nvidia, said he is not talking with any firms in China about selling the company’s new Blackwell AI chips.