Thursday, 03 September 2026
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Philippines News from Philippines · WORLD EUROS
Nº 54 Thursday, 03 September 2026
Business

Broadcom raises AI chip forecast

Broadcom raises AI chip forecast
Sources: The Manila Times

BROADCOM on Wednesday forecast strong AI chip sales for the next two years, offering fresh evidence that Big Tech’s appetite for AI infrastructure remains undiminished as investors scrutinize returns on massive spending. Shares of the Palo Alto, California-based company were down over 1 percent in extended trading, recouping some earlier losses. They have gained about 6 percent this year, si

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