Nvidia and Broadcom have become cash-generating powerhouses amid skyrocketing AI demand. Each is channeling massive earnings back to shareholders, underscoring the tech sector’s continued ascent.
Northwest Wealth Management LLC recently increased its holdings in Broadcom by 15.6%, reflecting continued institutional interest in the semiconductor industry. According to the company’s latest Form 13F filing with the SEC, the firm gained an additional 294 shares, bringing its total holdings to 2,175.
Brady Martz Wealth Solutions LLC trimmed its Broadcom holdings by 1.8% in the second quarter, selling 446 shares. The firm now holds 24,380 shares worth approximately $6.72 million, as reported in a filing with the Securities and Exchange Commission.
OpenAI is teaming up with Broadcom to develop an AI chip set for release in 2026. Although official details remain scarce, this collaboration hints at future breakthroughs in AI technology.
Broadcom Inc. is taking bold steps to meet the demands of AI-driven applications and increasingly complex data environments. By refocusing its Tanzu Platform, the company aims to unify application and data strategies across enterprise stacks, helping businesses stay agile as they navigate modern challenges.
In a surprising move, VMware’s latest ESXi 8.0 update reintroduces a free version of its hypervisor after its removal by Broadcom. This development marks a significant shift, offering users renewed access to no-cost virtualization solutions.
In the midst of recent market turbulence, semiconductor giant Broadcom has shared significant news that may signal a strategic move to investors. While details remain limited, the announcement raises questions about Broadcom’s stance during uncertain economic times.
