Broadcom shares rise 6%, boost chipmaking peers Company's rosy forecast a positive sign for weakening AI rally Demand for custom AI chips, software growth driving strength March 7 (Reuters ...

The rosy forecast from Broadcom - the biggest supplier of custom AI chips to Big Tech - could help refuel a sputtering AI stock rally that has been hit by worries over hefty spending on AI ...

Broadcom's shares rose 6% on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI ...