In a note to clients on Sunday, Jefferies analyst Steven G. DeSanctis estimated that for 2025, the Sweet 16 would show an aggregate earnings increase of 21.5%, with a median increase of 15.8%. For the ...
Broadcom sells a lot of networking and optical chips for use in AI data centers. The rapid expansion of the artificial intelligence (AI) market is generating strong tailwinds for many chipmakers.
AI-related chip stocks sold off a bit during the last couple of weeks of 2024, but they got a lift Friday on signs of strong AI chip demand. On Monday morning, Hon Hai Precision (OTC: HNHPF), also ...