Broadcom

Google unveils Arm-based Axion chips for AI, as Intel details Gaudi 3 AI chip amid race against Nvidia

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“Our customers, first and foremost, are asking for choice in the industry,” said Intel vice-president, strategy and product management Jeni Barovian. “They are coming to us and they are expecting that Intel, as a computing leader, will follow the wave of (generative AI) and deliver solutions that meet their needs. And they are looking for … Read more

Broadcom sees US$10 billion in AI chip sales in 2024, but shares dip

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Broadcom said on Thursday it expects US$10 billion in revenue from chips related to artificial intelligence (AI) this year, but its stock dipped after the tech company’s full-year forecast failed to impress investors. Smaller rival Marvell Technology’s forecast revenue below market expectations, sending its stock down over 6 per cent in extended trading. Both companies … Read more