Broadcom Rallies on Nvidia Turmoil, Goldman Nod and Anthropic Bet
Broadcom closed up 3.99% at $345.22 and added 2.36% after hours to $353, breaking a months-long descending channel with a $380.38 target, per Blaisefxacademy.
Topic
Broadcom
Topic
Broadcom
Broadcom Plans $1 Billion Investment in Anthropic's IPO
Anthropic's IPO prospectus discloses Broadcom plans a $1 billion investment in a concurrent private placement tied directly to th…
Broadcom rebounds 8.8%; options flow leans 55% toward calls
Broadcom rebounded 8.8% to $319.48 but stayed below four major averages. Options flow reached $79.8 million, with 55% in calls; o…
AMD and Broadcom Rally as Nvidia Faces a $224 Billion Market Loss
Nvidia was on track to shed $224 billion as scrutiny grew around Jensen Huang and an alleged Chinese spy. AMD and Broadcom rose 1…
S&P 500 Closes Within 1.2% of Record as Broadcom's $63 Billion AI Deal Leads
The S&P 500 rose 0.6% to sit 1.2% from its record as Broadcom's $63 billion Anthropic financing deal and Nvidia gains outweighed…
Meta to Raise $95 Billion, With Nvidia, AMD and Broadcom Bidding for a Piece
Meta plans a $35 billion stock offering, with Nvidia, AMD and Broadcom eyeing up to $5 billion, plus a $60 billion at-the-market…
Broadcom's Hock Tan: Many AI Investors 'Have No Clue'
Broadcom booked $68 billion from AI chips since late 2023, yet CEO Hock Tan says many AI investors have 'no clue' and behave like…
Kospi Plunges 6.25% as Broadcom Chief Calls AI Investing a 'Casino'
The Kospi fell 6.25% on Tuesday as investors dumped chip stocks after Broadcom's boss likened AI investors to casino gamblers and…
Broadcom CEO's 'Gamblers' Remark Triggers Two-Day Chip Stock Slump
Broadcom's CEO called AI-market behavior like 'gamblers' at a Singapore conference; microchip stocks slumped on Monday and Tuesda…
Nvidia Skips the AI Credit Squeeze Hammering Broadcom, Oracle
Nvidia is dodging the AI credit scare crushing Broadcom and Oracle. P/E ratios contracted and CDS spreads widened in all three ca…
Broadcom Names Anthropic as Its Largest Future XPU Customer
Broadcom says Anthropic will become its largest XPU customer by 2027, overtaking Google, with 16 GW of planned deployments and $2…