Broadcom shares rise 6%, boost chipmaking peers Company's rosy forecast a positive sign for weakening AI rally Demand for custom AI chips, software growth driving strength March 7 (Reuters ...

Semiconductor and enterprise software and security solutions provider Broadcom (AVGO) is scheduled to announce its results for the first quarter of Fiscal 2025 after the market closes on Thursday ...

Broadcom's AI revenue surged 77% year-over-year, boosting its stock after a volatile 2025 so far. Broadcom's custom AI chips, designed with cloud companies, offer lower-cost options than Nvidia ...

The move: Broadcom stock jumped 10% to $198 per share on Friday morning. The rise claws back some of the year's losses for the stock, which was down about 22% year-to-date through Thursday's close.