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The Latest Breaking News from Hock Tan

OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructure

OpenAI has unveiled its first custom AI chip, Jalapeno, developed with Broadcom to boost its infrastructure. This move aims to overcome computing power shortages and reduce reliance on Nvidia's GPUs. Designed for AI inference, the chip is comparable to Nvidia's and Google's offerings. OpenAI plans to deploy Jalapeno by year-end,…

The Economic Times

VMware: Broadcom's Second Biggest Business Set to Accelerate

VMware: Broadcom's Second Biggest Business Set to Accelerate

Broadcom's AI chip business is growing at an extraordinarily fast pace, but another large part of the company's business is getting ready to accelerate.

As Shares Fall, Analyst Are Boosting their Broadcom Price Targets

As Shares Fall, Analyst Are Boosting their Broadcom Price Targets

While Broadcom's latest earnings disappointed markets; Wall Street analysts held steadfast, increasing their price targets amid the large drop in shares.

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Broadcom's Whiplash: Shares Tank After Pre-Earnings Surge

Broadcom just saw a big run-up going into its latest earnings report and a crash following it. Here's what caused shares to slip.

Nasdaq Futures Plunge as Broadcom Sinks on Disappointing AI Chip Sales Forecast

June Nasdaq 100 E-Mini futures (NQM26) are trending down -1.12% this morning as a disappointing forecast from Broadcom led investors to hit pause on the AI trade.

AI giant Broadcom sheds $300bn in market value as outlook misses sky-high expectations

The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but it disappointed investors by not raising its long-term sales target, sending shares tumbling more than 12% in after-hours trading.

Broadcom's second-quarter revenue misses estimates as competition bites

Second-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphics processing units remain the ‌industry standard ⁠for AI ⁠workloads.

The Economic Times

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Broadcom Q2 Earnings Call Highlights

Broadcom (NASDAQ:AVGO) reported record fiscal second-quarter 2026 revenue and issued a sharply higher outlook for the current quarter, as President and CEO Hock Tan said demand for the company’s artificial intelligence semiconductors remains “simply insatiable.” On the earnings call, Tan said total

Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping

The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders in the years ahead

Average CEO pay rises to $17.7 million as America’s wealth divide gets uglier

Average CEO pay rises to $17.7 million as America’s wealth divide gets uglier

The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders in the years ahead

The Independent UK

What Is Broadcom? The Unknown Company Building the AI Chips Powering Google, Anthropic, OpenAI and Meta

Broadcom (AVGO) is the company building custom AI chips for Google, Anthropic, OpenAI and Meta. With $100 billion in AI chip revenue targeted for 2027 and a $73 billion backlog, here's everything you need to know about the most powerful tech company most people have never heard of.

International Business Times

Broadcom Just Reached a 3-Year AI Chip Deal with Meta. Does That Make AVGO Stock a Buy?

Broadcom Just Reached a 3-Year AI Chip Deal with Meta. Does That Make AVGO Stock a Buy?

Broadcom’s long-term Meta deal signals strong demand, but investors face a premium entry point.

Broadcom Hits $2 Trillion Market Cap as Google Reveals New AI Chips

Broadcom Hits $2 Trillion Market Cap as Google Reveals New AI Chips

Broadcom recently rose to all-time closing highs as key partner Google provided an update on its custom AI chip roadmap.

Broadcom to supply Meta with custom silicon through 2029 — Broadom CEO Hock Tan departs Meta's board

Broadcom to supply Meta with custom silicon through 2029 — Broadom CEO Hock Tan departs Meta's board

Broadcom inks deal with Meta to supply multi-GW of custom MTIA silicon through 2029, but Hock Tan will leave Meta's board.

Tom’s Hardware

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AI's Cash Splash Continues: Meta Platforms and Broadcom Expand Custom Chip Partnership

Hyperscalers are ramping AI infrastructure spending to record levels this year, with a string of major partnerships and funding rounds across the sector. Meta’s newly expanded collaboration with Broadcom on custom MTIA chips adds another layer to that build-out, focusing on multi-generation silicon and multi-gigawatt capacity through 2029.

Broadcom Insiders Are Selling Stock. Is AVGO Finally at the End of the Road?

Broadcom insiders recently sold $88 million in stock, rattling investors even as the company’s AI‑driven results and guidance remain strong.

Why Broadcom's $100B AI Revenue Forecast May Be Conservative

Will Broadcom hit its $100 billion AI revenue forecast in 2027? Multiple factors suggest that the actual number could be significantly higher.

Why Meta's AI Chip Announcement Has Broadcom Investors Paying Attention

Meta confirmed Broadcom as its custom AI chip partner and revealed an expanding MTIA roadmap, but a missing training chip tempers the bull case.

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Why Credo and Astera Soared After Oracle and Broadcom's Earnings

See why the earnings reports of artificial intelligence giants Oracle and Broadcom led CRDO and ALAB to gain in response.

Broadcom’s AI Momentum Could Be Far From Over

Broadcom stock got a boost after its last earnings report, and Wall Street analysts are serving up fresh price target increases, pointing to +35% upside ahead.

Marvell’s Big Earnings Win Could Be the Start of Something Bigger

Marvell Technology shares just got a big-time boost after the company's latest earnings report. Its outlook suggests more upside could be in store.

The Real Winner from Broadcom’s Q1 Earnings Is This 1 Lesser-Known Stock

Connectivity solutions provider Credo Technology surged robustly after Broadcom’s Q1 earnings.

International Business Times

Broadcom Inc. Stock Climbs Toward $336 as Q1 Earnings Beat Fuels AI Optimism, Shares Up 0.9% Midday March 6

Broadcom Inc. (NASDAQ: AVGO) shares advanced modestly Friday, March 6, 2026, trading around $335.84 midday, up approximately 0.93% or $3.10 from Thursday's close of $332.74, as investors digested the company's strong fiscal first-quarter results and robust guidance tied to surging artificial intelligence demand.

A $100 Billion and More Reasons to Buy Broadcom Stock Now

Six companies could create a $100 billion AI opportunity for Broadcom, but there’s a catch.

AVGO Stock Alert: Should You Buy, Sell, or Hold Broadcom After Q1 Earnings?

Broadcom anticipates $100 billion in AI chip revenue by 2027.

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