Erste Group downgraded Broadcom from Buy to Hold

Erste Group upgraded Broadcom from Hold to Buy

Macquarie downgraded Broadcom from Outperform to Neutral and set a new price target of $437.00

Susquehanna reiterated coverage of Broadcom with a rating of Positive and set a new price target of $490.00 from $450.00 previously

TD Cowen reiterated coverage of Broadcom with a rating of Buy and set a new price target of $500.00 from $405.00 previously

Seaport Research Partners downgraded Broadcom from Buy to Neutral

Erste Group downgraded Broadcom from Buy to Hold

Erste Group downgraded Broadcom from Buy to Hold

DA Davidson initiated coverage of Broadcom with a rating of Neutral and set a new price target of $335.00

Wolfe Research upgraded Broadcom from Peer Perform to Outperform and set a new price target of $400.00

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PALO ALTO, Calif. and LONDON and SINGAPORE, July 16, 2026 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) and Standard Chartered today announced a long-term strategic commitment to accelerate the bank’s global infrastructure modernization by establishing a secure, resilient private cloud foundation to seamlessly support critical banking services across 54 global markets. As a leading international bank, Standard Chartered requires infrastructure that delivers operational consistency at global scale while staying ahead of evolving regulatory and security requirements. Standard Chartered has realigned its infrastructure delivery to a fully integrated software-defined private cloud environme

AUSTIN, Texas, July 13, 2026 (GLOBE NEWSWIRE) -- AINewsWire Editorial Coverage: The AI buildout is usually described in one word: chips. But the more revealing story may be happening downstream in the specialty automation, robotics and semiconductor production equipment needed to build and package those chips at scale. U.S. power companies are already scrambling to secure basic grid equipment for AI data centers, and experts project the global semiconductor industry will reach $975 billion in sales in 2026. Nightfood Holdings Inc. (OTCQB:NGTF) (profile), doing business as TechForce Robotics, sits squarely inside that downstream opportunity. Last week, the company announced it is evaluating

AUSTIN, Texas, June 29, 2026 (GLOBE NEWSWIRE) -- AINewsWire Editorial Coverage: A tectonic shift is reshaping global semiconductor manufacturing. Hundreds of billions of dollars in new investment are flowing into the United States, pulling Taiwan's advanced manufacturing ecosystem closer to North American customers, capital markets and emerging opportunities. As artificial intelligence drives unprecedented demand for semiconductors and data center infrastructure, the companies enabling that production, including the precision engineers, automation providers and specialty materials manufacturers, are beginning to follow. Positioned directly at this intersection is Nightfood Holdings Inc. (O

Built from the ground up for current and future LLMs across the industry Developed from design to production in nine months, accelerated by OpenAI’s models Will deliver performance per watt better than current state-of-the-art, based on early testing Expands OpenAI’s full-stack platform, from products to models and now to chips To be deployed at gigawatt scale with data center partners, over multiple generations SAN FRANCISCO and PALO ALTO, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- OpenAI and Broadcom (NASDAQ:AVGO) today unveiled Jalapeño, OpenAI’s first Intelligence Processor: an accelerator architected around OpenAI’s vision for the future of LLM inference, and the first AI acceler

PALO ALTO, Calif., June 17, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO) ("Broadcom") today announced the expiration and results of its previously announced cash tender offers (collectively, the "Offers") to purchase any and all of its outstanding 4.926% Senior Notes due 2037; 4.900% Senior Notes due 2038; 5.050% Senior Notes due 2030; 5.200% Senior Notes due 2032; 5.150% Senior Notes due 2031 and 4.900% Senior Notes due 2032 (collectively, the "Notes").  Broadcom also announced that it is increasing the aggregate purchase price, excluding the Accrued Coupon Payment, from the previously announced amount of $2.5 billion to $3.0 billion (the "Consideration Cap Amount"). The increased Consi

PALO ALTO, Calif., June 17, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO) ("Broadcom") today announced the pricing terms of its previously announced cash tender offers (collectively, the "Offers") to purchase the outstanding notes described below, in each case upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 11, 2026 (the "Offer to Purchase") and the accompanying notice of guaranteed delivery (the "Notice of Guaranteed Delivery"). The Notes offered to be purchased in the Offers, in the order of acceptance priority, are the 4.926% Senior Notes due 2037; 4.900% Senior Notes due 2038; 5.050% Senior Notes due 2030; 5.200% Senior Notes due 2032; 5.150%

PALO ALTO, Calif., June 11, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO) ("Broadcom") today announced that it has commenced cash tender offers (collectively, the "Offers") to purchase the outstanding notes described below, in each case upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 11, 2026 (the "Offer to Purchase") and the accompanying notice of guaranteed delivery (the "Notice of Guaranteed Delivery"). The Notes offered to be purchased in the Offers, in the order of acceptance priority, are the 4.926% Senior Notes due 2037; 4.900% Senior Notes due 2038; 5.050% Senior Notes due 2030; 5.200% Senior Notes due 2032; 5.150% Senior Notes due 2031 a

Platform Launches with $35 Billion Transaction for More Than 1 Gigawatt Led by Apollo in Partnership with BlackstonePALO ALTO, Calif. and NEW YORK, June 9, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, today announced the establishment of the AI XPV Platform with Apollo (NYSE:APO) and Blackstone's (NYSE:BX) Credit & Insurance Business as initial anchor investors. The Platform is designed to enable more than 20 gigawatts in compute capacity using Broadcom's XPUs and networking solutions customized for leading frontier AI labs, including Anthropic and OpenAI, through 2028. T

PALO ALTO, Calif., June 09, 2026 (GLOBE NEWSWIRE) -- The AI experimentation phase is over, and the private cloud is where enterprise AI workloads are being deployed for security and scale. That is the central finding of the Private Cloud Outlook 2026, a new report from Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions. Where last year's report documented a deliberate "cloud reset" toward balance between public and private cloud, 2026 marks an acceleration into a full AI tipping point. The shift is being shaped by three forces — costs, complexity, and control — that public cloud environments are

PALO ALTO, Calif., June 08, 2026 (GLOBE NEWSWIRE) -- Today, Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, announced significant security investments for the Spring and Java ecosystem, relied on by over half of Fortune 500 companies. To help the Spring community navigate an unprecedented surge in AI-detected security threats, Broadcom's Tanzu business released the largest set of Spring security updates to open source in Spring's 23-year history. Additionally, for customers, Broadcom is extending its proven clean-room build architecture, foundational to Bitnami, to build the Java dependencies

Revenue of $22,187 million for the second quarter, up 48 percent from the prior year periodGAAP net income of $9,310 million for the second quarter; Non-GAAP net income of $12,074 million for the second quarterAdjusted EBITDA of $15,244 million for the second quarter, or 69 percent of revenueGAAP diluted EPS of $1.91 for the second quarter; Non-GAAP diluted EPS of $2.44 for the second quarterCash from operations of $10,493 million for the second quarter, less capital expenditures of $231 million, resulted in $10,262 million of free cash flow, or 46 percent of revenueQuarterly common stock dividend of $0.65 per shareThird quarter fiscal year 2026 revenue guidance of approximately $29.4 billio

PALO ALTO, Calif., May 4, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its second quarter fiscal year 2026 financial results and business outlook on Wednesday, June 3, 2026 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook. Date: Wednesday, June 3, 2026Time: 2:00 PM (PT); 5:00 PM (ET)Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://investors.broad

Issued on behalf of Quantum Secure Encryption Corp.VANCOUVER, BC, April 10, 2026 /CNW/ -- Equity-Insider.com News Commentary — Anthropic just proved that even the company building the most powerful offensive cyber tool ever created can't keep its own front door locked. A CMS misconfiguration exposed Claude Mythos, a frontier AI model that autonomously finds and exploits zero-day vulnerabilities across every major operating system and browser[1]. The Global X Cybersecurity ETF dropped 4.5% in a single session as Wall Street repriced the entire defensive stack overnight[2]. Anthropic responded with Project Glasswing: restricted Mythos Preview access for 40+ organizations to patch critical infr

Revenue of $19,311 million for the first quarter, up 29 percent from the prior year periodGAAP net income of $7,349 million for the first quarter; Non-GAAP net income of $10,185 million for the first quarterAdjusted EBITDA of $13,128 million for the first quarter, or 68 percent of revenueGAAP diluted EPS of $1.50 for the first quarter; Non-GAAP diluted EPS of $2.05 for the first quarterCash from operations of $8,260 million for the first quarter, less capital expenditures of $250 million, resulted in $8,010 million of free cash flow, or 41 percent of revenueQuarterly common stock dividend of $0.65 per shareSecond quarter fiscal year 2026 revenue guidance of approximately $22.0 billion, an in

PALO ALTO, Calif., Feb. 2, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its first quarter fiscal year 2026 financial results and business outlook on Wednesday, March 4, 2026 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook. Date: Wednesday, March 4, 2026 Time: 2:00 PM (PT); 5:00 PM (ET) Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://investors.broadco

Revenue of $18,015 million for the fourth quarter, up 28 percent from the prior year periodGAAP net income of $8,518 million for the fourth quarter; Non-GAAP net income of $9,714 million for the fourth quarterAdjusted EBITDA of $12,218 million for the fourth quarter, or 68 percent of revenueGAAP diluted EPS of $1.74 for the fourth quarter; Non-GAAP diluted EPS of $1.95 for the fourth quarterCash from operations of $7,703 million for the fourth quarter, less capital expenditures of $237 million, resulted in $7,466 million of free cash flow, or 41 percent of revenueQuarterly common stock dividend increased by 10 percent from the prior quarter to $0.65 per shareFirst quarter fiscal year 2026 re

PALO ALTO, Calif., Nov. 11, 2025 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its fourth quarter and fiscal year 2025 financial results and business outlook on Thursday, December 11, 2025 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook. Date: Thursday, December 11, 2025 Time: 2:00 PM (PT); 5:00 PM (ET) Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https:

Revenue of $15,952 million for the third quarter, up 22 percent from the prior year periodGAAP net income of $4,140 million for the third quarter; Non-GAAP net income of $8,404 million for the third quarterAdjusted EBITDA of $10,702 million for the third quarter, or 67 percent of revenueGAAP diluted EPS of $0.85 for the third quarter; Non-GAAP diluted EPS of $1.69 for the third quarterCash from operations of $7,166 million for the third quarter, less capital expenditures of $142 million, resulted in $7,024 million of free cash flow, or 44 percent of revenueQuarterly common stock dividend of $0.59 per shareFourth quarter fiscal year 2025 revenue guidance of approximately $17.4 billion, an inc

PALO ALTO, Calif., Aug. 4, 2025 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its third quarter fiscal year 2025 financial results and business outlook on Thursday, September 4, 2025 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook. Date: Thursday, September 4, 2025 Time: 2:00 PM (PT); 5:00 PM (ET) Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://inve

Revenue of $15,004 million for the second quarter, up 20 percent from the prior year periodGAAP net income of $4,965 million for the second quarter; Non-GAAP net income of $7,787 million for the second quarterAdjusted EBITDA of $10,001 million for the second quarter, or 67 percent of revenueGAAP diluted EPS of $1.03 for the second quarter; Non-GAAP diluted EPS of $1.58 for the second quarterCash from operations of $6,555 million for the second quarter, less capital expenditures of $144 million, resulted in $6,411 million of free cash flow, or 43 percent of revenueQuarterly common stock dividend of $0.59 per shareRepurchased and eliminated 25.3 million shares for $4,216 millionThird quarter f

Amie Thuener, Experienced Technology Executive, to be Appointed as Chief Financial OfficerKirsten M. Spears to Retire as Chief Financial OfficerPALO ALTO, Calif., April 2, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced the appointment of Amie Thuener as Chief Financial Officer of Broadcom, effective June 12, 2026. This appointment follows the retirement of Kirsten M. Spears as Chief Financial Officer, who will continue in her role until that time and will serve as an advisor for nine months to ensure a smooth transition. Ms. Thuener, an experienced technology

This article has been disseminated on behalf of MAX Power Mining Corp. and may include a paid advertisement. AUSTIN, Texas, Dec. 03, 2025 (GLOBE NEWSWIRE) -- MiningNewsWire: Global electricity demand is reaching a pivotal turning point. The International Energy Agency (IEA) now projects that global data-center electricity use will almost double by 2030, with AI-focused facilities increasing their consumption more than four times over the same span — a trajectory pushing power grids in the United States, China, Europe, Southeast Asia and other regions to their limits. The bottleneck is no longer data throughput or semiconductor performance; the critical constraint has become electricity it

USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, Aug. 20, 2024 /PRNewswire/ -- USA News Group – The race to dominate the artificial intelligence (AI) space continues to heat up, with Goldman Sachs recently asking the question "Will the $1 trillion of generative AI investment pay off?". According to Goldman Sachs Asset Management portfolio managers, their confidence continues to increase that this technology cycle is indeed real. It's a global phenomenon, with Brazil recently proposing a $4 billion AI investment plan of its own. Big tech is banking on this AI boom as infrastructure spending indeed nears the $1-trillion mark. However, it's not just the silicon valley

SAN JOSE, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- In a world's first for switching silicon, Broadcom Inc. (NASDAQ:AVGO) today announced a novel on-chip, neural-network inference engine called NetGNT (Networking General-purpose Neural-network Traffic-analyzer) in its new, software-programmable Trident 5-X12 chip. NetGNT works in parallel to augment the standard packet-processing pipeline. The standard pipeline is one-packet/one-path, meaning that it looks at one packet as it takes a specific path through the chip's ports and buffers. NetGNT, in contrast, is an ML inference engine and can be trained to look for different types of traffic patterns that span the entire chip. For exampl

Littelfuse, Inc. (NASDAQ:LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, announced today the appointment of Gayla Delly to the company's board of directors, effective September 28, 2023. Delly was also appointed to the Audit Committee. "Gayla brings a wealth of experience as both a public company executive and seasoned board member," said Gordon Hunter, Littelfuse Chairman of the Board of Directors. "Her board leadership and broad management experience across companies operating in a diverse set of end markets make her a terrific addition to the Littelfuse board, as we continue to execute our company's growth strategy

Romeo Power, Inc. ("Romeo Power") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of Matthew Sant to the role of General Counsel. Mr. Sant is a seasoned in-house legal executive and lawyer who brings to Romeo Power extensive experience at the intersections of technology, business and legal issues. Prior to joining Romeo Power, Mr. Sant served as Vice President and Deputy General Counsel at Skyworks Solutions, Inc. (NASDAQ:SWKS), a manufacturer of analog semiconductors for wireless communications. At Skyworks, Matt was responsible for a broad portfolio of legal matters, includi

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