Broadcom - Asia Tech Wire

Broadcom

2024.12.26

08:35

Guosheng Securities: From the perspective of technological evolution, the dawn of investment opportunities in domestic computing power has arrived

A research report from Guosheng Securities stated that from the current perspective, as the Chinese large-scale model applications represented by "Doubao" accelerate their volume, what each manufacturer needs is a general-purpose computing power that can be quickly deployed to seize business entrances and users, that is, GPGPU.

2024.12.24

03:19

Data compiled by the agency showed that after the rebalancing of the Nasdaq 100 index, the weights of Tesla (TSLA.O), Meta Platforms (META.O) and Broadcom (AVGO.O) all declined.

2024.12.22

08:01

Haitong Securities: AI ASIC is expected to usher in explosive growth, pay attention to investment opportunities in the industry chain

Haitong Securities Research Report believes that ASIC (Application Specific Integrated Circuit) is an integrated circuit designed for specific applications. The design of ASIC is completely optimized for specific applications, and can achieve higher efficiency and lower energy consumption when processing specific tasks, so it has reached the extreme in terms of performance and efficiency. The massive demand for computing power in the inference scenario and the more fixed AI algorithms are expected to push ASIC chips to explosive growth. Amazon launched its self-developed ASIC Trainium2 server, and Broadcom is optimistic about the future market size of AI ASIC and related network services, indicating that ASIC chips have become a general trend. Haitong Securities believes that the massive demand for computing power in the inference scenario and the more fixed AI inference algorithms are expected to push ASIC chips to explosive growth. It is recommended to pay attention to domestic PCB companies that can participate in the North American AI ASIC chain.

2024.12.20

09:14

Maxim Technology: Broadcom is not our customer

On December 20, Maxim Technology stated on an interactive platform that Broadcom of the United States is not the company's customer.

02:20

ASIC computing chips are gaining popularity, and many A-share companies have already made plans

With the rapid development of the artificial intelligence industry, the supply of computing chip GPU (graphics processing unit) is tight. Recently, ASIC (application-specific integrated circuit) has surfaced as a computing chip solution. The latest financial report of Broadcom, a major ASIC manufacturer, confirmed the strong growth demand for ASIC in the market. Broadcom's financial report data showed that the company's revenue in fiscal year 2024 was US$51.6 billion, a year-on-year increase of 44%. Among them, artificial intelligence revenue increased by 220% year-on-year to US$12.2 billion.

2024.12.18

10:39

The A-share semiconductor sector rose in the short term, with Star Semiconductor rising more than 10%, followed by Beijing Ingenic, GigaDevice, Hengxuan Technology, Ankai Microelectronics, Hengshuo Co., Ltd., and Broadcom Integrated Circuit Co., Ltd.

10:30

Semiconductor sector rises in the short term, Star Technology rises more than 10%

The semiconductor sector rose in the short term, with Star Semiconductor Technology rising by more than 10%, followed by Beijing Ingenic, GigaDevice, Hengxuan Technology, Ankai Microelectronics, Hengshuo Co., Ltd., and Broadcom Integrated Circuit Co., Ltd.

2024.12.17

22:55

Broadcom's US shares plunged more than 5% in early trading

Broadcom's U.S. stocks plunged more than 5% in early trading, after a cumulative increase of more than 30% in the previous two trading days.

16:19

Barclays raises Broadcom price target to $205 from $200

Barclays raised its price target on Broadcom to $205 from $200 and maintained its "overweight" rating.

11:31

A-share midday review: Shanghai Composite Index fell 0.57% in half a day with a shrinking volume adjustment, and high-priced stocks fell collectively

The three major A-share indices rose and fell in the morning. As of noon, the Shanghai Composite Index fell 0.57%, the Shenzhen Component Index fell 0.12%, the ChiNext Index rose 0.22%, and the Beijing Stock Exchange 50 Index fell 1.67%. The market's half-day turnover was 992.5 billion yuan, 85.5 billion yuan less than the previous day. More than 4,700 stocks in the market were in the red. In terms of sector themes, football concepts, automobile complete vehicles, and CPO sectors led the gains; education, film and television theaters, and consumer sectors led the declines. On the market, football concepts led the gains, with Auto Electronics, Shuangxiang Shares, Guangdong Media, and Gongchuang Lawn hitting the daily limit. AI hardware sectors led the gains, with Mingyang Circuit and Ruisi Kangda hitting the daily limit, and ZTE hitting the daily limit. Auto stocks rebounded, Ankai Bus hit the daily limit, Yutong Bus, Great Wall Motors, etc. followed suit. Education stocks led the decline, with Kevin Education and Broadcom hitting the daily limit, and Quantong Education falling nearly 10%. High-priced stocks fell collectively, among which previous leading hot spots such as mass consumption, AI application, and robots led the decline. Among them, more than 50 stocks including Changbaishan, Yiming Food, Huifa Food, Dalian Shengya, Construction Industry, Aofei Entertainment, etc. hit the limit.

2024.12.16

22:39

Broadcom (AVGO.O) rose 5.4%, having risen more than 24% in the previous trading day.

22:33

Broadcom rose more than 4% in early trading

Broadcom rose more than 4% at the beginning of trading and closed up more than 24% on the previous trading day.

11:26

The education sector continued to rise, with Zhonggong Education and Kede Education hitting their daily limit

The education sector continued to rise, with XueDa Education, Offcn Education, and Code Education hitting their daily limit, followed by Action Education, Quantong Education, Chuanzhi Education, Broadcom, and China High-Tech.

09:38

Computing chip stocks surged in early trading, with ASIC chips leading the gains

Computing chip stocks surged in the morning session, with ASIC chips leading the gains. Code Education, Zhaolong Interconnect, Broadcom Technology, and VeriSilicon rose by more than 10%. Ebru, Canxin Holdings, and Broadcom Integrated Circuit were among the top gainers.

09:38

A-share computing chip stocks rose sharply in the morning session, with ASIC chips leading the gains. Code Education, Zhaolong Interconnect, Broadcom Technology, and VeriSilicon rose by more than 10%. Abru, Canxin Holdings, and Broadcom Integrated Circuit were among the top gainers.

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