The newest artificial intelligence chip stock in the $1 trillion club is Broadcom ( AVGO 24.43%). The stock passed the milestone after a stellar fourth-quarter earnings report on Dec. 12. Here's how the company became a leading AI chipmaker worth 13 figures.
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These impressive figures were primarily driven by the company's AI-related offerings, with AI revenue skyrocketing by 220% to $12.2 billion
For the first time in several quarters, the broader semiconductor sector is showing early signs of recovery in terms of clearing inventory. Read more here.
China's semiconductor design industry is projected to grow 11.9% to CNY646 billion (approx. US$89.66 billion) in 2024, marking the first time it has fallen behind the global semiconductor industry's expected 19% growth, according to Wei Shaojun, president of the China Semiconductor Industry Association IC Design Branch.
We recently compiled a list of the Top 10 AI Stocks on Latest News and Analyst Ratings. In this article, we are going to take a look at where ON Semiconductor Corporation (NASDAQ:ON) stands against the other AI stocks.
In the new era of semiconductor innovation, artificial intelligence is revolutionizing integrated circuit design through groundbreaking research by Srivatsan Nurani Subramanyam. His pioneering work on Design Rule Check routing convergence represents a major leap in chip manufacturing technology.
Broadcom stock recorded a 13% surge supported by solid Q1 AI projections as well as on the back of strong fourth-quarter earnings performance.
Broadcom stock soared Friday after the company touted its “massive” opportunity in the AI market during a quarterly earnings call the prior evening.
Semiconductor stocks face increasing risk in 2025 as tariffs and geopolitical risk rise. I analyze which semiconductors have the highest and lowest exposure to China.
The chip maker booked 220% growth in AI semiconductor revenue for the latest fiscal year — and sees future AI sales far greater than that $12.2 billion sum.
According to Counter Point’s semiconductor revenue tracker, the revenue of semiconductors has risen 17% Year-over-Year (YOY) and has reached $158.2 billion in Q3 2024. The main reason for this growth is AI technologies,