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Morgan Stanley analyst Joseph Moore raised the firm’s price target on Broadcom (AVGO) to $260 from $246 and keeps an Overweight rating on the sh ...
Intel ’s INTC -4.17% rivals Taiwan Semiconductor Manufacturing Co. and Broadcom AVGO 2.43% are each eyeing potential deals that would break the American chip-making icon in two.
(Reuters) - Broadcom shares fell more than 3% in early trading on Friday, after the company's third-quarter revenue forecast failed to impress investors who have been extremely bullish on chip ...
Broadcom CEO Hock Tan said the company expects revenue of $4.4 billion in the second quarter for its AI semiconductors as hyperscale customers invest in custom AI chips for data centers.