Broadcom surged about 15% as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology.
Read More Broadcom soars as demand for AI chips powers forecast raiseTag: Broadcom
Google unveils Arm-based data center processor, new AI chip
Google revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based , based central processor.
Read More Google unveils Arm-based data center processor, new AI chipExclusive: Nvidia chases $30 billion custom chip market with new unit -sources
Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others.
Read More Exclusive: Nvidia chases $30 billion custom chip market with new unit -sourcesS&P, Nasdaq muted as markets brace for inflation and Fed
The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve’s policy meeting and inflation data.
Read More S&P, Nasdaq muted as markets brace for inflation and FedBroadcom Acquires VMware In $69B Deal After China Approval
The chipmaker company Broadcom has officially acquired VMware for $69 billion.
Read More Broadcom Acquires VMware In $69B Deal After China Approval