For artificial intelligence to begin its next chapter driven by extreme performance, it's going to need more high-performance hardware from Broadcom.
Broadcom ( AVGO -4.91%) has been on a monster run over the past year, rising more than 100% since the start of 2024. This rise has propelled it into an exclusive club: the $1 trillion club. While this group is starting to grow, there are still only 11 companies worldwide that exceed the $1 trillion threshold.
Intel stock surged nearly 16% on Tuesday after a Wall Street Journal report suggested that Broadcom and TSMC were considering potential bids for the renowned chipmaker. Broadcom is said to be eyeing Intel’s chip design businesses,
Broadcom Inc (NASDAQ: AVGO) extends PCIe Gen 6 portfolio for AI infrastructure with advanced telemetry and interop capabilities. Collaboration with Micron and Teledyne LeCroy ensures validated building blocks for open AI ecosystem.