Broadcom Inc
Broadcom, Nvidia shares rise on surging Google capital expenditures for AI
Broadcom shares climbed 6% in extended trading Wednesday after Google reported earnings and surging capital expenditures for artificial intelligence. Google said Wednesday that it expects to spend as much as $185 billion on capital expenditures this year, which is nearly double what it spent last year. Ben Reitzes, Melius Research head of technology research, said […]
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S&P 500 futures are little changed after tech sell-off drags down major averages: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images Futures tied to the S&P 500 were near the flatline Tuesday night after traders’ rotation out of tech names dragged the broad market index to a losing […]
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Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman appeared together on CNBC in September to announce a mammoth $100 billion deal that was poised to usher in a new chapter for the booming artificial intelligence industry. Five months later, no contract […]
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Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’
President and CEO of NVIDIA, Jensen Huang, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. Denis Balibouse | Reuters Nvidia CEO Jensen Huang said the chipmaker’s plan to invest in OpenAI remains “on track” after recent reports suggested brewing tension between the two sides. “There’s no drama involved. […]
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We just got reasons to love these 2 portfolio stocks even more
Investors have a couple of new reasons to like portfolio stocks Broadcom and Goldman Sachs . Deal king: Coterra named Goldman Sachs as a financial advisor on its $58 billion all-stock merger with fellow shale producer Devon . The deal is the largest in the energy sector since Diamondback ‘s $26 billion acquisition of Endeavor […]
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Buzz about Broadcom’s custom chips is testing, but not breaking Nvidia’s dominance
If money were not a factor, a Google software engineer says custom chips, like those from Broadcom , would always be his default selection to build cutting-edge artificial intelligence models. “I am a hundred percent using a custom chip of some sort if resources are not a constraint and I need to move fast and […]
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S&P 500 futures climb ahead of Fed decision, major tech earnings: Live updates
Traders work at the New York Stock Exchange on Jan. 27, 2026. NYSE S&P 500 futures rose Wednesday morning ahead of the Federal Reserve’s interest rate decision and earnings reports from major tech companies. Futures linked to the broad market index were up 0.25%, while Nasdaq 100 futures advanced about 0.77%. Dow Jones Industrial Average […]
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Meta inks deal to pay Corning up to $6 billion for fiber-optic cables in AI data centers
As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help. Meta has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers, Corning CEO Wendell Weeks told CNBC in an exclusive […]
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Tech’s massive AI spend is under scrutiny ahead of earnings. Here’s what to watch
From left, Mark Zuckerberg, CEO of Meta Platforms; Lauren Sanchez; Jeff Bezos, founder of Amazon.com; Sundar Pichai, CEO of Alphabet; and Elon Musk, CEO of Tesla, during the 60th presidential inauguration in the rotunda of the Capitol in Washington, Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | Getty Images If 2025 was the year […]
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Nvidia set to supplant Apple as TSMC’s top customer, signaling chip industry’s ‘changing dynamic’
C.C. Wei, CEO of TSMC, and Jensen Huang, CEO of Nvidia, interact on stage during TSMC’s annual sports day in Hsinchu, Taiwan, Nov. 8, 2025. Ann Wang | Reuters When Jensen Huang first met Morris Chang decades ago, he told the founder of Taiwan Semiconductor Manufacturing Company that one day Nvidia would be the chip […]
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