VMware

Business

Broadcom's AI Ambitions Soar with OpenAI Deal, But VMware Transition and Valuation Concerns Loom

Broadcom secures a pivotal, multi-year agreement to supply custom AI chips to OpenAI, cementing its role as a key silicon partner for tech giants. However, the semiconductor leader must simultaneously navigate customer churn from its VMware unit and heightened regulatory scrutiny, presenting a complex risk-reward profile for investors.

Business

Nutanix Downgraded by Barclays and Morgan Stanley, Yet Analysts Still See Significant Upside

Despite recent downgrades from two major Wall Street firms, analysts maintain that Nutanix (NTNX) shares hold substantial upside potential, even as questions emerge about the pace of its near-term growth.

Business

Broadcom Cements AI Infrastructure Role with Major OpenAI Chip Deal

Broadcom secures a landmark agreement to supply OpenAI with custom AI accelerators, marking a strategic pivot to become a core silicon partner for hyperscalers and deepening its integration into the global AI build-out.

Business

Wells Fargo Raises Broadcom Target to $430, Citing AI Surge and Software Strength

Wells Fargo has upgraded Broadcom (AVGO) to Overweight and increased its price target to $430, pointing to the chipmaker's significant AI revenue trajectory and a robust software pipeline as key growth drivers through 2027.

Business

Cramer Stops Short of Calling a Bottom for Broadcom as AI Chip Competition Heats Up

CNBC's Jim Cramer refrained from declaring a floor for Broadcom's stock amid mixed analyst sentiment and growing competition in the crucial AI semiconductor sector.