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Broadcom, AI and massive
Broadcom shares rise 11%, company says AI revenue more than tripled this year
Broadcom is seeing soaring demand from the boom in generative AI infrastructure. For the year, the company said AI revenue jumped 220% to $12.2 billion. Some of that growth is fro
Shares of Broadcom jump on rising AI chip sales and ‘massive opportunity’
For the full fiscal year 2024, Broadcom revenue jumped 44% from a year ago, to $51.57 billion in revenue, up 44%, though net income came to $5.89 billion, down from the $14.08 billion profit it recorded a year earlier.
Broadcom shares rise 14% on profit beat, ‘massive' opportunity in AI
Broadcom reported better-than-expected fourth-quarter earnings on Thursday, though revenue came in a little light. Broadcom is seeing soaring demand from the boom in generative AI infrastructure. The chipmaker said artificial intelligence revenue increased 220% for the year to $12.
Broadcom beats on profit, says AI revenue more than tripled this year
Broadcom is seeing soaring demand from the boom in generative AI infrastructure. For the year, the company said AI revenue jumped 220% to $12.2 billion. Some of that growth is fro
5h
on MSN
Big Tech wants AI data centers now. The reality: Clean energy infrastructure can take a half-decade or more to build
Big Tech’s race to power AI data centers has hit a bottleneck: Clean energy infrastructure moves at a snail’s pace compared ...
13h
2025 IT Infrastructure Trends: The Edge Computing, HCI And AI Boom
Looking to the future, there is a definitive shift ongoing with the tech landscape shifting toward more decentralized, secure ...
5d
on MSN
Fox News AI Newsletter: 'Trump will be very good at' AI infrastructure
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents ...
9d
Jensen Huang Wants to Make AI the New World Infrastructure
Nvidia CEO Jensen Huang has a plan to bring AI infrastructure to countries around the world, and he’s pitching it in person.
23h
The AI Chip Race: Who Can Compete With Nvidia?
Explore how NVIDIA became the leader in AI chips, the challenges it faces from competitors like AMD and Intel, and the impact ...
CRN
1d
Nvidia, Intel And AMD Back Startup That Could Shake Up AI System Design
Ayar Labs said it has raised a $155 million funding round from Nvidia, Intel, AMD and other investors to scale its optical ...
2d
The AI paradox: Energy-hungry technology could speed clean energy transition
I really think the climate case for AI needs to be made,” said Neil Chatterjee, a former chairman of the Federal Energy ...
decrypt
2d
Hyperbolic Secures $12M to Advance Decentralized AI Infrastructure
Hyperbolic said it will use the funds to grow its engineering and go-to-market teams and scale its decentralized AI platform ...
eWeek
12d
Homeland Security Unveils Groundbreaking AI Framework for Critical Infrastructure — Find Out What It Means for You
Discover how the Homeland Security Department's new AI framework aims to safeguard vital infrastructure across the nation.
8d
on MSN
Google’s Gradient backs Cake, a managed open source AI infrastructure platform
Cake help businesses compile and manage their open source AI infrastructure and reduce their engineering overheads.
7h
on MSN
AI Stocks Face a New Test. Here Are the 3 Big Questions Hanging Over Tech in 2025.
T ech’s big theme in 2024 was the buildout of data center infrastructure to support artificial intelligence. Companies are ...
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