Broadcom has surged wildly, with overnight trading climbing over 5%! It is driving Global funds to flood into AI ASIC.
Broadcom, the absolute leader in the field of AI ASIC and Ethernet Switch chip, attracts Global funds to flow into the investment Sector related to AI ASIC, thanks to its strong performance and outlook.
Broadcom surged 24% last Friday, with a market cap exceeding one trillion! Which company will become the next member of the "one trillion market cap club"?
After Broadcom's market cap exceeded one trillion dollars, there are currently nine companies in the "trillion-dollar market cap club" in the U.S. stock market, namely Apple, Microsoft, NVIDIA, Amazon, Google, Meta, Tesla, Broadcom, and Taiwan Semiconductor.
Express News | Broadcom Shares up 6.21% After Jumping More Than 24% in the Last Session
Morgan Stanley's in-depth analysis of the Industry Chain for ASICs: Who are the big winners?
Morgan Stanley believes that although NVIDIA's GPUs have a clear performance advantage, the initial cost of ASICs is lower, making them particularly suitable for budget-constrained Cloud Computing Service providers. Broadcom, Semiconductor Manufacturing International Corporation, and Socionext are viewed as Bullish. Cadence Design Systems, Taiwan Semiconductor, and their supply chain partners will benefit from the rapid growth in ASIC design and manufacturing.
Express News | Broadcom's increase has expanded to 5%.
Broadcom Is Having a 'Nvidia Moment' as Stock Swells Further
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U.S. stocks are moving | The custom AI Chip Business is expected to generate up to 90 billion dollars in revenue by 2027, with Broadcom (AVGO.US) rising over 3% in pre-market trading.
On Monday, Broadcom (AVGO.US) rose more than 3% in pre-market trading, reaching $232.15.
Could Broadcom Join the League of the Magnificent 7?
From NVIDIA to Broadcom, a "paradigm shift" in the AI Industry.
As AI large models transition from the pre-training phase to the logical reasoning phase, dedicated chips represented by ASICs may gradually replace general-purpose chips represented by GPUs, becoming the "new favorite" of major AI companies. Analysis suggests that if Broadcom's CEO's predictions about the ASIC market are accurate, the AI Business related to Broadcom's ASICs is expected to achieve annual growth of doubling over the next three years.
U.S. Stock Outlook | Three major futures indexes rose collectively, with Tesla pre-market up nearly 1%, poised to set a historical high at the open; Goldman Sachs: The Federal Reserve will "skip" a rate cut in January, and may signal a slowdown in easing
Super Micro Computer fell nearly 14% before the market and was removed from the NASDAQ 100 Index component; Broadcom continues to rise 3% before the market, as Bank of America raised the Target Price to $250.
Express News | Broadcom Inc : Barclays Raises Target Price to $205 From $200
Nvidia, Broadcom, Marvell Among BofA's Top Chip Stocks for 2025
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Broadcom Hits $1T Market Cap: Are Broadcom ETFs the Next NVIDIA?
Social Buzz: Wallstreetbets Stocks Advance Premarket Monday; MicroStrategy, Micron Technology to Open Higher
Express News | Can Broadcom "challenge" the AI giant NVIDIA?
Fed Will Likely Gift Markets a Rate Cut. How -2-
CICC Upgrades Broadcom to Outperform From Neutral, Adjusts Price Target to $220 From $164
U.S. Stock Market Gold Mine | Entering the "Trillion Market Cap Club"! Broadcom surged over 24% after earnings; what is the limit? Tesla hits a new historical high again.
Credo Technology, a company providing secure and high-speed connectivity solutions for the Semiconductors Industry, rose over 11% last Friday, with an annual increase of over 290%, reaching a record high in stock price.