The decision by the AI giant to stop moving forward with Intel's advanced manufacturing process signals deep challenges for the US push toward semiconductor independence.
Stock futures point to a strong open for the holiday-shortened week as technology shares and artificial intelligence investments drive major indices back toward record peaks.
The AI chip giant reports $39.3 billion in quarterly revenue, proving its strategy to navigate export controls with alternative products is paying off.
The electric vehicle giant advances toward unsupervised FSD with new testing protocols in Texas, though regulatory divides and safety concerns remain significant hurdles.
Despite a massive $73 billion backlog and improving debt ratios, Broadcom stock faces headwinds as investors scrutinize fiscal guidance in a jittery AI semiconductor market.
Despite reporting record revenues and a doubling of AI chip sales, Broadcom (AVGO) stock tumbled 11% as investors reacted to dipping margins and growing 'AI angst' in the semiconductor sector.