Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction

Dec 13, 2024 · The company’s valuation hit $1 trillion on Friday as its shares surged 21% after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue opportunity in 2027, …

21%
OFF

Broadcom Hits $1T Market Cap After CEO’s ‘huge’ AI Prediction

2 weeks from now

Dec 13, 2024 · The company’s valuation hit $1 trillion on Friday as its shares surged 21% after CEO Hock Tan said AI could present a $60 billion to $90 billion revenue opportunity in 2027, …

nypost.com

21%
OFF

Broadcom Hits $1T Market Cap After CEO’s ‘huge’ AI Prediction

2 weeks from now

Dec 13, 2024 · The company’s valuation hit $1 trillion on Friday as its shares surged 21% after CEO Hock Tan mentioned AI may current a $60 billion to $90 billion income alternative in …

bnctimes.com

$1
OFF

Broadcom Hits $1T Market Cap: Are Broadcom ETFs The Next …

2 weeks from now

Dec 16, 2024 · With this gain, Broadcom becomes just the ninth U.S. company to exceed $1 trillion in market capitalization. The spike came after CEO Hock Tan predicted a huge …

yahoo.com

$1
OFF

Broadcom Hits $1 Trillion. Can It Continue Its Rally In 2025?

2 weeks from now

Jan 1, 2025 · The stock market has seen multiple companies hit the $1 trillion mark in valuation in the past few years, the latest one being semiconductor company Broadcom (AVGO …

fool.com

$1
OFF

Broadcom Joins $1 Trillion Market Cap Club As Stock Soars On AI …

2 weeks from now

Dec 13, 2024 · Broadcom is just the ninth U.S. company to reach the milestone, and is the second semiconductor company to do so. Nvidia ( NVDA ) became the first when it hit $1 …

yahoo.com

$1
OFF

Broadcom Soars Past $1tn As Chipmaker Projects ‘massive’ AI Growth

2 weeks from now

Dec 13, 2024 · Broadcom vaulted past $1tn in market value on Friday for the first time after the chipmaker posted huge gains in artificial intelligence revenues and projected “massive” growth …

ft.com

23%
OFF

Broadcom Stock Soars To $1 Trillion Valuation As It Eyes AI Growth ...

2 weeks from now

Dec 13, 2024 · The stock surged as much as 23% to hit a $1 trillion market cap for the first time. The company pointed to strong AI demand, which it forecast will accelerate in coming years.

businessinsider.com

22%
OFF

Broadcom Surpasses $1 Trillion In Market Cap For First Time After …

2 weeks from now

Broadcom shares were up 22% at $220.88 in Friday trading, which put the company’s market cap above $1 trillion for the first time. The stock is on pace for the largest one-day gain on record ...

msn.com

20%
OFF

Broadcom Stock Soars 20%, Market Cap Hits $1 Trillion On AI …

2 weeks from now

Dec 13, 2024 · The chipmaker’s shares were up by about 20% during Friday morning trading, pushing its market cap to $1.02 trillion. Broadcom stock is up by about 10o% so far this year. …

qz.com

$1
OFF

Broadcom Hits $1 Trillion Market Cap Amid AI Surge

2 weeks from now

Dec 13, 2024 · Broadcom Hits $1 Trillion Market Cap Amid AI Surge

financialbuzz.com

50%
OFF

Broadcom Rides The AI Chip Wave To A Stunning $1T Market Cap

2 weeks from now

Dec 15, 2024 · CEO Hock Tan projects the company’s addressable AI market will expand from $20B to $60B-$90B by 2027, while JPMorgan analysts conservatively forecast a 40-50% …

readthejoe.com

$1
OFF

Broadcom Surpasses $1 Trillion In Market Cap For First Time After …

2 weeks from now

Dec 13, 2024 · The communications platform-as-a-service (CPaaS) market was worth an estimated $12.3 billion last year, but it is expected to hit $121 billion in annual revenue by …

yahoo.com

165%
OFF

AI Boom Sends Broadcom Soaring To $1 Trillion Market Cap

2 weeks from now

Dec 17, 2024 · Now priced at $250, Broadcom stands in contrast to Nvidia’s gains of over 165% this year, with Nvidia’s market cap reaching approximately $3.2 trillion. Broadcom’s growth can …

dataconomy.com

$1
OFF

Broadcom Hits $1T Market Cap After CEO’s ‘huge’ AI Prediction

2 weeks from now

Dec 13, 2024 · Broadcom expects demand for its AI-powered chips to grow significantly, and so far the market is buying them up. The company's stock price plummeted after CEO Hock Tan …

totalnews.com

$1
OFF

Broadcom Hits $1T Valuation As Wall Street Loves The Custom AI ...

2 weeks from now

Dec 13, 2024 · Broadcom's (AVGO) quarterly results may have topped estimates, but its guidance of up to $90B in revenue from custom AI chips by 2027 has people really excited. …

seekingalpha.com

$1
OFF

The $1t Company You’ve Never Heard Of - Morningbrew.com

2 weeks from now

Dec 14, 2024 · On the back of an accrescent AI boom, it hit a $1 trillion market cap yesterday for the first time after reporting stellar Q4 earnings. Readers, meet Broadcom. Broadcom supplies …

morningbrew.com

$1
OFF

Broadcom Tops $1T Market Cap On AI Enthusiasm: Morning Buzz

2 weeks from now

Dec 13, 2024 · STOCK NEWS: Broadcom (AVGO) jumped as enthusiasm about its long-term expectations for artificial intelligence-related revenues pushed the company’s market cap …

nasdaq.com

$1
OFF

Broadcom Hits $1T Market Cap After CEO's ‘huge' AI Prediction

2 weeks from now

Dec 13, 2024 · Broadcom hits $1T market cap after CEO's ‘huge' AI prediction; ... Broadcom hits $1T market cap after CEO's ‘huge' AI prediction. Big Tech's push to diversify beyond Nvidia's …

public.com

4%
OFF

Broadcom Hits $1T Market Cap: Are Broadcom ETFs The Next …

2 weeks from now

Dec 16, 2024 · Chipmaker Broadcom AVGO has reached a milestone valuation of $1 trillion, following a 24.4% surge in its shares on Friday – its best trading day on record. With this gain, …

tradingview.com

$463
OFF

Prediction: This Powerhouse AI Stock Will Join Nvidia, Broadcom, …

2 weeks from now

5 days ago · Oracle's market cap is $463 billion as of this writing, so if it does join the $1 trillion club in four years, as I predict, investors who buy its stock today could earn a very nice return …

nasdaq.com

FAQs about Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction Coupon?

Why did Broadcom stock surge 23%?

The stock surged as much as 23% to hit a $1 trillion market cap for the first time. The company pointed to strong AI demand, which it forecast will accelerate in coming years. Broadcom shares soared on Friday, pushing the chipmaker's valuation above $1 trillion for the first time ever. ...

Why did Broadcom gain $1 trillion in market capitalization?

With this gain, Broadcom becomes just the ninth U.S. company to exceed $1 trillion in market capitalization. The spike came after CEO Hock Tan predicted a huge expansion in Artificial Intelligence (AI)-related revenue, estimating a $60 billion to $90 billion market opportunity by 2027—more than quadrupling the current market size. ...

Why did Broadcom stock rise 23% on Friday?

The company pointed to strong AI demand, which it forecast will accelerate in coming years. Broadcom shares soared on Friday, pushing the chipmaker's valuation above $1 trillion for the first time ever. The stock climbed 23% to trade at $221.53 per share after Broadcom reported a jump in revenue in the most recent quarter. ...

Why did Broadcom stock surge 20 percent in early trading?

Broadcom shares surged more than 20% in early trading Friday after the company reported strong results and said it sees a "massive" opportunity for sales growth tied to AI demand. With the gain, Broadcom becomes just the ninth U.S. company to surpass $1 trillion in market capitalization. ...

What is Broadcom's market capitalization?

Broadcom shares were up more than 20% at about $220 in early trading Friday, putting the company’s market capitalization at just over $1 trillion. Broadcom is just the ninth U.S. company to reach the milestone, and is the second semiconductor company to do so. ...

Why has Broadcom stock jumped in value this year?

With Friday’s jump, Broadcom stock has nearly doubled in value this year. The advanced chip maker has seen its sales and profit soar as tech companies have rushed to develop and deploy custom AI infrastructure. The company on Thursday reported revenue from artificial intelligence more than tripled this fiscal year to $12.2 billion. ...