The semiconductor industry is on a trajectory of rapid growth, with global revenues expected to exceed $1 trillion by 2030.

Shares of several tech companies specializing in artificial intelligence products soared Wednesday after Google parent Alphabet said it plans to ramp up spending on AI.

Alphabet's big spending plans surprised Wall Street. The news should soothe investors worried about last week's DeepSeek ...

Stargate will still likely use Broadcom's Tomahawk and Jericho network switching and routing chips. Moreover, all leading-edge semiconductors and memory today require intense etch and deposition ...

CA, UNITED STATES, January 22, 2025 /EINPresswire / -- The latest report published by Coherent market Insights highlights the growth prospects of the ASIC Chip Market from 2025 to 2032.

The company's recent focus on AI and custom silicon has propelled it to the forefront of the AI chip market, competing directly with industry giants like NVIDIA (NASDAQ:NVDA) and AMD (NASDAQ:AMD).

Broadcom's strategic positioning in high-growth markets, particularly AI and cloud computing, has been a key driver of its recent success. The company's custom AI chips, known as Application ...

Broadcom Inc. (NASDAQ:AVGO) is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets. On January 13, Jefferies named Broadcom as a ...

Broadcom is expected to see $21 billion in AI-related chip sales by fiscal 2026, while Marvell's ASIC revenue could hit $4 billion in calendar 2026. The firm also raised price targets for Broadcom (to ...