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1 day ago · Broadcom's board of directors has approved a 10-for-1 forward stock split. Shareholders of record as of July 11 will receive nine additional shares for each share owned after the market close on July 12. The stock will begin trading on a split-adjusted basis on July 15. Broadcom reported strong second quarter results, with revenue jumping 43% year-over-year and adjusted EPS increasing 6% ...
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- Benzinga
1 day ago · NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Gains Ground As Broadcom Rallies 12.2% Thu, 13 Jun 2024 19:25:17 GMT. Natural Gas, WTI Oil, Brent Oil Forecasts ...
Company: Broadcom Location: Durham, NC 📍 Salary: 127K - 203K 💰 Date Posted: June 14, 2024 📅 Apply & Description 👉…
4 hours ago · Broadcom’s acquisition of VMware also bolstered results, chief executive officer Hock Tan said. “Broadcom’s second-quarter results were once again driven by AI demand and VMware,” he said in the statement. Revenue from AI products alone reached a record US$3.1 billion in the period, Tan said.
4 hours ago · Broadcom now trades at about 28 times expected earnings, compared with a price-to-earnings ratio of about 40 for Nvidia and rival Marvell Technology. The company on Wednesday raised its forecast for annual revenue from AI-linked chips to $11 billion from $10 billion and raised its annual revenue and core profit projections.
1 day ago · Customers in Europe can more easily build native sovereign clouds with flexibility and choice
1 day ago · If the gains hold, Broadcom will add more than $90 billion to its market value. Broadcom now trades at about 28 times expected earnings, compared with a price-to-earnings ratio of about 40 for Nvidia and rival Marvell Technology. The company on Wednesday raised its forecast for annual revenue from AI-linked chips to $11 billion from $10 billion.
