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Semiconductor Shares Rise. Broadcom Soars 22%; Marvell Jumps 10%; Micron Gains 5%

Semiconductor shares rose in premarket trading on Friday. Broadcom soared 14%; Marvell jumped 5%; SOXL rose 4%; ARM rose 2%; Nvidia, AMD rose 1%. $Broadcom(AVGO)$ forecast quarterly revenue above Wal

Semiconductor Shares Rise. Broadcom Soars 22%; Marvell Jumps 10%; Micron Gains 5%

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Broadcom Soars 22%; Marvell Jumps 10%; Micron Gains 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-12-13 22:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor shares rose in Friday trading. Broadcom soared 22%; Marvell, SOXL jumped 10%; Micron rose 5%; Arm, TSMC rose 4%; Nvidia rose 1%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/141e3417f67d67f27463c70efd4fa970\" tg-width=\"368\" tg-height=\"341\"/></p><p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years.</p><p>CEO Hock Tan told investors on a conference call he expects a revenue opportunity from AI in the range of $60 billion to $90 billion in fiscal 2027.</p><p>Tan indicated three &#34;hyperscale&#34; customers are likely to deploy millions of AI chip clusters at the time.</p><p>Big tech has been vying to reduce its dependence of pricey, supply-constrained AI processors made by front-runner <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a>, helping Broadcom which makes advanced custom artificial intelligence chips for so-called hyperscalers.</p><p>Demand for Broadcom&#39;s networking chips that help move around vast amounts of data used by applications such as OpenAI&#39;s ChatGPT has also increased, as businesses double down on investments in GenAI infrastructure.</p><p>&#34;Broadcom&#39;s strong performance doesn&#39;t come as a surprise. It&#39;s one of several companies benefiting from AI invigorating the global semiconductor industry, with its AI revenue growing 220% this year,&#34; said eMarketer analyst Jacob Bourne.</p><p>The company forecast revenue of about $14.6 billion for the first quarter, compared with analysts&#39; average estimate of $14.57 billion according to data compiled by LSEG.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOXL":"三倍做多半导体ETF-Direxion Daily","MRVL":"迈威尔科技","MU":"美光科技","TSM":"台积电","NVDA":"英伟达","ARM":"ARM Holdings","AVGO":"博通","AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189247610","content_text":"Semiconductor shares rose in Friday trading. Broadcom soared 22%; Marvell, SOXL jumped 10%; Micron rose 5%; Arm, TSMC rose 4%; Nvidia rose 1%.Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years.CEO Hock Tan told investors on a conference call he expects a revenue opportunity from AI in the range of $60 billion to $90 billion in fiscal 2027.Tan indicated three \"hyperscale\" customers are likely to deploy millions of AI chip clusters at the time.Big tech has been vying to reduce its dependence of pricey, supply-constrained AI processors made by front-runner NVIDIA Corp, helping Broadcom which makes advanced custom artificial intelligence chips for so-called hyperscalers.Demand for Broadcom's networking chips that help move around vast amounts of data used by applications such as OpenAI's ChatGPT has also increased, as businesses double down on investments in GenAI infrastructure.\"Broadcom's strong performance doesn't come as a surprise. It's one of several companies benefiting from AI invigorating the global semiconductor industry, with its AI revenue growing 220% this year,\" said eMarketer analyst Jacob Bourne.The company forecast revenue of about $14.6 billion for the first quarter, compared with analysts' average estimate of $14.57 billion according to data compiled by LSEG.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}