Broadcom is rumored to have an ongoing partnership with Apple to help it build its own AI chip TikTok parent company, ...
Apple and Broadcom will work on a new custom server AI chip. This deal should be more beneficial for Broadcom. Apple wants more exposure to AI, but its growth is weak and its valuation is high.
According to The Information (subscription required), Apple is working with Broadcom on a server chip that can handle the demands of AI processing. The chip, code-named Baltra, is expected to be ...
Meanwhile, Google has also been leveraging Broadcom's intellectual property in its Tensor Processing Units. Apple is reportedly developing a custom server processor to power its AI services.
Oracle stock trades at a price-to-earnings ratio (P/E) of 40.5, which is a slight premium to the average P/E of Microsoft, Amazon, and Alphabet (36.7). They are three of the biggest operators of AI ...
According to Bloomberg’s Mark Gurman, Apple has been at work designing in-house WiFi and Bluetooth components as well, which it currently sources from Broadcom. This new chip is reportedly ...
Broadcom Inc., a chip supplier for Apple Inc. hit a $1 trillion market valuation for the first time on Friday, after predicting a boom in demand for its artificial intelligence (AI) chips.
Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.
Broadcom is rumored to have an ongoing partnership with Apple to help it build its own AI chip TikTok parent company, ByteDance, OpenAI also reportedly in the picture The move comes as ...