Broadcom Ltd is a global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions
The company specializes in producing chips that facilitate communication and data processing across various devices and networks, including those used in smartphones, enterprise storage systems, broadband access, and data centers. Additionally, Broadcom offers software solutions that enable businesses to optimize their operations, manage network security, and enhance performance across cloud-based and on-premises environments. Through its comprehensive portfolio, Broadcom plays a critical role in advancing connectivity and computing technologies in various industries.
As we head into the week of March 17, 2025, the stock market continues to exhibit choppy waters, with volatility remaining a key theme. Recent market action suggests that stocks that have been volatile in the past few weeks are likely to keep investors on their toes in the days
Santa Clara, CA - March 15, 2025 - Intel Corporation (NASDAQINTC), one of the world's leading semiconductor manufacturers, has experienced a notable upswing in its stock price over the past few weeks, catching the attention of investors and analysts alike. As of today, the stock has risen significantly from
Intel Corporation (NASDAQINTC) surged 11.6% during the pre-market trading session on Thursday after the company announced that tech industry veteran, Lip-Bu Tan, is set to take the helm as the new CEO.
Trump’s criticism has sparked concerns among executives of chipmakers, who are reportedly looking into the legalese to understand if the Trump administration can claw back grants awarded under the CHIPS Act.
Lip-Bu Tan, former CEO of Cadence Design Systems, will take over the reins of Intel from interim CEOs David Zinsner and MJ Holthaus. Tan was on Intel’s board till last year, when he departed citing other commitments.
Shares of leading designer of graphics chips Nvidia (NASDAQNVDA)
jumped 6.9% in the morning session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI (Consumer Price Index - a gauge of the average price consumers pay for goods and services) rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, but not quite there yet. The reaction wasn't anything wild, but the sentiment leaned positive. The Nasdaq led the way, climbing 1.4%, boosting some tech stocks.
Incremental improvements in the state of the economy and a potential groundbreaking collaboration in the chip industry helped spark a broad-based market rally.
