Tag #Broadcom

lemonde.fr
🌐 85% Global Worthiness
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Europe's Tech Dependence Exposed by Broadcom's VMware Acquisition

Broadcom's $61 billion acquisition of VMware and subsequent tenfold price hike of its virtualization licenses expose Europe's deep technological dependence on the US, jeopardizing its digital sovereignty and economic competitiveness.

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52% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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Broadcom Stock Plunges 17% on Rise of Efficient Open-Source AI

Broadcom's stock plummeted 17% on January 27, 2024, following the release of DeepSeek-R1, a cost-effective, high-performing open-source AI model that challenges the industry's reliance on expensive AI solutions, potentially impacting Broadcom's AI networking technology sales despite its $12.2 billio...

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40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Intel's 2024 Losses Contrast Sharply with Broadcom's AI-Fueled Success

In 2024, Intel suffered a 61% stock value loss, its worst year since 1971, while Broadcom's stock soared 111%, driven by its success in the AI market through custom chip development for major cloud providers.

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60% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
🌐 90% Global Worthiness
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Broadcom's Market Cap Tops \$1 Trillion Amid AI Boom

Broadcom's stock market capitalization surpassed \$1 trillion after its stock soared 24% on Friday, driven by its strong AI business and successful acquisitions, including VMware, despite a failed attempt to acquire Qualcomm in 2018.

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64% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
🌐 75% Global Worthiness
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Orsted CEO Steps Down Amidst Industry Challenges

Orsted announced CEO Mads Nipper's resignation, effective February 1st, due to the increasingly challenging offshore wind market, including supply chain issues, interest rate hikes, and regulatory changes; he will be replaced by Rasmus Errboe.

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20% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 75% Global Worthiness
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Despite Market Dip, Broadcom Poised for 2025 Gains, Says Money Manager

Money manager Nancy Tengler remains positive on Broadcom's prospects for 2025 despite a 17% stock drop on Monday following concerns from Chinese startup DeepSeek, citing a strong capital allocation plan and a large projected AI market opportunity of $60 billion to $90 billion annually by 2027.

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40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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US Stocks Dip Slightly Amidst Record Highs, Nvidia Slowdown

US stock indexes fell slightly today, while the Australian market is poised for a small gain; Nvidia's stock declined sharply, contributing to the US downturn; fund managers hold low cash reserves, and the Federal Reserve may pause interest rate cuts based on recent economic data.

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32% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Broadcom Q4 Earnings Beat, AI Revenue Triples on Strong Cloud Demand

Broadcom exceeded Q4 earnings expectations with $1.42 adjusted EPS and $14.05 billion revenue, while AI revenue tripled to $12.2 billion, driven by custom chip development with three major cloud customers who plan to deploy 1 million chips each by 2027; the company forecasts a $60 billion-$90 billio...

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48% Bias Score

Industry, Innovation, and Infrastructure