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Broadcom Newsroom
Apple's Record-Breaking Rally Boosts Appeal of Call Options Amid AI Optimism
Apple (AAPL.US) collaborates with Broadcom (AVGO.US) to develop internal AI Chips.
Apple and Broadcom are partnering to develop AI Chips, with mass production expected in 2026.
Broadcom Earnings, November PPI, Mortgage Rates: What to Watch
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
S&P 500 Gains and Losses Today: Broadcom Soars on Reports of Apple AI Chip Tie-Up
Nasdaq Closes Above 20,000 for First Time, Dow Falls After CPI Data
Broadcom's AI Edge: 'Apples-to-Oranges Comparison' Shows ASICs Outgrowing GPUs, Says Analyst
External market headlines: US inflation data for November is in line with expectations, Google launched Gemini 2.0, and SpaceX's valuation reached 350 billion dollars, and Musk's net worth exceeded 400 billion dollars
The main headlines that global financial media paid attention to last night and this morning were: the inflation data showed that the Federal Reserve cut interest rates in December but turned yellow for next year. The latest report shows that US inflation in November was in line with expectations, so investors still generally expect the Fed to cut interest rates by 25 basis points next week. However, stubborn price pressure also confirms concerns that progress towards the Fed's 2% target may stall. This concern may prompt officials to be more restrained in predicting the number of interest rate cuts in 2025, while waiting for more evidence that inflation will steadily reach its target. Federal Reserve policymakers will be in Washington on December 17-18
Broadcom Options Spot-On: On December 11th, 404.05K Contracts Were Traded, With 2.29 Million Open Interest
Nasdaq Surges Past 20,000 for the First Time, Powered by Tech Giants | Wall Street Today
US Equities Markets End Mixed Wednesday as CPI Comes In Line With Forecasts
Sector Update: Tech Stocks Gain Late Afternoon
Equities Rise Intraday After CPI Report
Semi Stocks Rise Helps Propel Nasdaq Above 20,000 Points
6 Analysts Assess Broadcom: What You Need To Know
Stocks Making the Biggest Moves Midday: Broadcom, GE Vernova, Stitch Fix, GameStop & More
10 Information Technology Stocks With Whale Alerts In Today's Session
Apple's stock price continues to hit new all-time highs, with reports stating that it is collaborating with Broadcom to develop AI Chips.
① Apple is developing a server chip designed specifically for AI called "Baltra" and is partnering with Broadcom to develop network technology. ② This news caused Broadcom's stock price to rise by more than 5.3%, while Apple's increased by 0.7%, with its stock price surpassing $250 for the first time in history during trading. ③ This move marks a milestone for Apple's silicon engineering team, evolving from designing iPhone chips to Mac processors, and now to server chips.
Nasdaq Hits 20,000: Strong Earnings Propel Historic Surge
Why Broadcom Stock Was Climbing Today