Broadcom’s AI Chip Leadership Puts Pressure on Nvidia and Marvell, Analysts Say Broadcom Inc (NASDAQ:AVGO) stock surged Friday after it reported better-than-expected fourth-quarter adjusted EPS results and raised its quarterly common stock dividend. The company reported a topline of $14.05 billion, up from $9.3 billion, compared to the analyst estimate of $14.57 billion. EPS of…
Nvidia (NVDA) stock closed at a record high on Monday as Wall Street analysts held firm on their bullish positions on the stock ahead of its earnings report in November. Shares of the leading AI chipmaker rose over 4% to close at $143.71 per share. The move comes as Wall Street analysts reiterate their Buy…
Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024, in Washington, D.C.Photo: Chip Somodevilla (Getty Images) In This Story Nvidia (NVDA+4.08%) closed at a record high Monday as Wall Street anticipates Big Tech’s earnings report in November. The pill form of Novo Nordisk’s drug Ozempic can cut the risk of heart…