Broadcom - Febspot

Broadcom

A collection of 3 posts

Microsoft plunge sends software stocks into bear market, drags S&P lower — I.insider.com

Microsoft plunge sends software stocks into bear market, drags S&P lower

Tech stocks tumbled on Thursday after Microsoft’s earnings, pushing software shares into a bear market and dragging major US indexes lower. Microsoft shares plunged 10% after the company said it spent a record amount on AI, reported slowing cloud growth and issued soft guidance on profits for the next

TSMC's record quarterly profit lifts chip stocks and renews AI optimism — I.insider.com

TSMC's record quarterly profit lifts chip stocks and renews AI optimism

Businessinsider reported that Taiwan Semiconductor Manufacturing Company posted fourth-quarter results and a record quarterly profit, sending chip stocks higher as traders cheered fresh signs of AI strength. TSMC blew past analyst estimates on multiple metrics, reporting a record 35% quarterly profit. Revenue rose 20% year over year, while both net

OpenAI to use Cerebras chips for inference; deal would consume 750 megawatts — Static01.nyt.com

OpenAI to use Cerebras chips for inference; deal would consume 750 megawatts

OpenAI said on Wednesday that it would begin using chips from Cerebras, a start-up in Sunnyvale, Calif., and that the number of Cerebras chips it eventually used would consume 750 megawatts of electricity, an amount the company said could power tens of thousands of households. The Cerebras chips will be