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The Latest Breaking News from Hock Tan

Broadcom Inks OpenAI Deal: Why It's A Huge Win for AVGO Stock

Broadcom just added ChatGPT maker OpenAI to its list of high-profile AI customers. Many analysts now see shares going to $400 or more.

Broadcom CEO Sees AI Adding $10 Trillion A Year To Global GDP: 'We Feel Very Good About It...'

Broadcom CEO Sees AI Adding $10 Trillion A Year To Global GDP: 'We Feel Very Good About It...'

Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan said artificial intelligence could become a much larger part of the global GDP, at a time when AI-related investments are ramping up across industries.

Broadcom Gets Second $420 Target as CPO Win Boosts Outlook

Broadcom Gets Second $420 Target as CPO Win Boosts Outlook

Broadcom shares are taking a breather after hitting a record high. However, one Wall Street analyst just matched the firm's highest price target ever.

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Broadcom Doubles AI Chip Bandwidth With New Tomahawk 6 Switch, Stock Gains Over 2%

Broadcom (NASDAQ:AVGO) shares rose on Wednesday after the company began shipping its third-generation Co-Packaged Optics Ethernet switch, Tomahawk 6 – Davisson (TH6-Davisson), which sets a new industry benchmark with 102.4 terabits per second of switching capacity.

Broadcom’s VMware Push Takes Aim at Microsoft, Google, & Amazon

Broadcom's AI chip business is firing on all cylinders. However, its VMware business is moving to take on the likes of MSFT and AMZN, adding upside potential.

Broadcom's $120B AI Bet: Can Hock Tan Outpace Nvidia With Next-Gen Chips?

Broadcom Inc (NASDAQ:AVGO) is no longer content to trail in NVIDIA Corp.'s (NASDAQ:NVDA) shadow. Armed with a $120 billion AI revenue target by 2030 — and CEO Hock Tan whose bonus depends on hitting it — the semiconductor giant is positioning itself to challenge Nvidia's dominance.

Broadcom Hits Record High After CEO Hock Tan AI Pay Package

See why Broadcom gained another 9.8% after its impressive earnings report that also sent shares flying. Are the signals surrounding its CEO bullish or bearish?

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Broadcom Gets Big Upgrades: How High Analysts See Shares Going

Broadcom Gets Big Upgrades: How High Analysts See Shares Going

After a fantastic Q3 report, Broadcom is getting big-time upgrades from Wall Street analysts. See how high they think shares could go.

VMware woes continue as experts predict virtualization giant to lose 35% of workloads in three years

VMware woes continue as experts predict virtualization giant to lose 35% of workloads in three years

Customers and analysts still aren’t sure about what Broadcom has done to VMware.

Nvidia's biggest customers are lining up to take it down using ASICs and Broadcom could be the winner of that battle

Nvidia's biggest customers are lining up to take it down using ASICs and Broadcom could be the winner of that battle

Broadcom secures fourth custom XPU client, believed to be OpenAI, joining Meta, Google and ByteDance in turning to ASICs to reduce reliance on Nvidia GPUs.

Broadcom Is Tying CEO Compensation to AI Revenue. Does that Make AVGO Stock a Buy Here?

Broadcom Is Tying CEO Compensation to AI Revenue. Does that Make AVGO Stock a Buy Here?

Broadcom stock gains as the company announces performance-linked compensation plan for CEO Hock Tan. Here’s why the new contract is positive for AVGO shares.

Why Broadcom's Q3 Earnings Were a Huge Win for AVGO Bulls

Why Broadcom's Q3 Earnings Were a Huge Win for AVGO Bulls

Broadcom just released its Q3 earnings report, and bulls should love what they see. The firm made a milestone announcement that bodes very well for its future.

A $10 Billion Reason to Buy Broadcom Stock Now

A $10 Billion Reason to Buy Broadcom Stock Now

Broadcom is a mega-cap semiconductor stock that continues to grow at a stellar pace given its expanding portfolio of AI chips.

Broadcom Ramps Up AI Ambitions With High-Stakes OpenAI Deal

Broadcom Ramps Up AI Ambitions With High-Stakes OpenAI Deal

Broadcom (NASDAQ:AVGO) has evolved from a smartphone component supplier into a major player in artificial intelligence chips and networking solutions, capitalizing on rising demand from tech giants building large-scale data centers. The stock gained attention Monday following reports of its partnership with OpenAI.

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What Is Going On With Taiwan Semicoductor On Friday?

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock trended on Friday after client Broadcom (NASDAQ:AVGO) revealed its quarterly results on Thursday.

What's Going On With Marvell Technology Stock Friday?

Marvell Technology (NASDAQ:MRVL) stock trended Friday after competitor Broadcom (NASDAQ:AVGO) delivered strong quarterly earnings.

What's Going On With Nvidia Stock Friday?

Nvidia Corp. (NASDAQ:NVDA) shares traded lower Friday after Broadcom Inc. (NASDAQ:AVGO) delivered stronger-than-expected quarterly results and confirmed a landmark partnership with OpenAI that could intensify competition in the artificial intelligence hardware market.

Broadcom's CEO Hock Tan Declares 'The Network Is The Computer' — Says Ethernet Is The Backbone For AI Scale-Out

Broadcom Inc.’s (NASDAQ:AVGO) CEO, Hock Tan, is doubling down on Ethernet as the default interconnect for the AI era, saying the company's networking architecture is essential for training large language models at scale.

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Hock Tan's CEO Stint Saw Broadcom's Stock Shoot Up 26,750% After Listing, Now He's Staying On Amid Explosive AI Revenue Gains, Nvidia Rivalry

Broadcom Inc. (NASDAQ:AVGO) has extended CEO Hock Tan's leadership through 2030, rewarding the executive who has overseen a staggering 26,750% stock surge while steering the company into the heart of the artificial intelligence hardware race against Nvidia Corporation (NASDAQ:NVDA).

OpenAI To Mass-Produce 1st Proprietary AI Chip With Broadcom, Secures $10 Billion Deal: Report

OpenAI is set to begin mass production of its first proprietary artificial intelligence chip next year through a partnership with Broadcom Inc. (NASDAQ:AVGO), marking a strategic shift away from its reliance on Nvidia Corp. (NASDAQ:NVDA) amid surging demand for artificial intelligence computing power.

As Broadcom Launches Tomahawk Ultra Shipments, Should You Buy, Sell, or Hold AVGO Stock?

Broadcom stock has been on an absolute tear in the last decade and is poised to benefit from the AI megatrend. Is AVGO stock still a good buy?

Can Broadcom Stock Hit $400 in 2025?

HSBC has slapped a Street-high $400 price target on Broadcom stock.

Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Here?

HSBC raised its price target on Broadcom stock to $400. But AVGO shares, at current levels, are not particularly inexpensive to own.

New All-Time Highs Coming for Broadcom? Wall Street Says Yes

Could Broadcom shares hit $300? The latest price target data from Wall Street analysts shows potential for the stock to significantly surpass all-time highs.

Here Are the Top 3 Stocks Dan Ives Is Betting On in His New AI ETF

The top three AI stocks in the IVES ETF include Microsoft, Nvidia, and Broadcom. Should you own these top AI stocks right now?

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