Broadcom not acquiring Intel’s chip design business, says CEO Hock Tan, with AI and VMware the focus, not Intel semiconductor buy.
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
Broadcom (AVGO) deals a fresh blow to Intel (INTC) investors as the company CEO dismisses M&A interest in the once-mighty ...
Another big drawback for Intel was its loss of process-technology leadership in recent years. Intel has made some big strides with its next-generation process, called 18a, but it is still seen as ...
During a conference call with analysts, Tan said Broadcom was ramping up production of AI chips for hyperscalers — a term ...
Chip stock Intel (INTC), not so long ago, was the target of rumors of potential takeover, which gave shares a very nice bump at the time.
Meanwhile, Nvidia, the leading maker of AI chips, was up 0.7% after tumbling 5.7% on Thursday on the belief that Broadcom’s ...
Investing.com -- Shares of Intel Corporation (NASDAQ: INTC) fell 2.1% following comments from Broadcom Inc.’s (NASDAQ: AVGO) ...
Broadcom CEO Hock Tan said he is not interested in pursuing a mergers and acquisitions deal for a unit of Intel.
The strong results helped to ease concerns about beaten-down AI stocks, which surfaced yesterday after fellow chipmaker ...
Broadcom CEO on Thursday assuaged investor worries about AI chip demand with a strong second-quarter forecast and hinted ...
Broadcom forecast second-quarter revenue above Wall Street expectations on Thursday due to strong demand for its custom ...
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