We recently published 10 Big Names With Double-Digit Upsides. Celestica Inc. (NYSE:CLS) is one of last week’s top performers. Celestica saw its share prices soar by 24.6 percent week-on-week, as investor optimism from semiconductor giant Broadcom Inc. spilled over to its stock. During the trading week, Celestica Inc. (NYSE:CLS) rallied for four straight days to…
(Bloomberg) — Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, rallied in late trading after predicting a boom in demand for its artificial intelligence chips. Most Read from Bloomberg Sales of AI products will gain 65% in the fiscal first quarter, far faster than its overall semiconductor growth of about…
By Eduardo Baptista BEIJING (Reuters) – China’s ByteDance is working with U.S. chip designer Broadcom (NASDAQ:) on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok’s owner secure sufficient supply of high-end chips amid U.S.-Sino tensions. The 5 nanometre chip – a customised product known as…
