Shares of Meta Platforms ( META -2.29%) traded 3.5% higher as of 12:52 p.m. ET today. Shares of CrowdStrike ( CRWD -3.63%) and Broadcom ( AVGO -7.11%) both traded 5% higher at that time.
Broadcom makes a lot of different types of semiconductors. When it comes to AI data centers, it plays an essential role. It makes chips for network switc
It is worth noting that Broadcom has clawed back a nice chunk of those losses, though the stock is still down 6% in 2025. However, the chip designer's upcoming fiscal 2025 first-quarter results, scheduled for release on March 6, could give it a nice shot in the arm. Let's see why.
The S&P 500 hit a new high, led by growth, even as Meta Platforms, Amazon and other titans fell. Axon Enterprise broke out.
Broadcom and Meta look a little more appealing these days, trading at nearly 34 and 27 times forward earnings estimates, respectively. Broadcom's custom chip business and Meta's ability to ...
In effect, Broadcom's chips make sure Nvidia's chips are working as effectively as possible in Meta's and Google's data centers. But Broadcom also makes some other chips that Meta and Google ...
In company-specific news, Meta might be in talks to build a new ... While there wasn't a ton of news about Broadcom today, the company did announce yesterday the release of new technology that ...