New Gen 7 Entry Switch Delivers Enterprise-Class Capabilities and the Industry’s Only Lifetime Warranty in an Affordable SAN SolutionPALO ALTO, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO), today announced the availability of the Brocade G710 24-port 64G switch, the industry’s most responsive and efficient top-of-rack SAN switch. Brocade Gen 7 Fibre Channel combines cyber-resilient and autonomous SAN technology into this cost-effective platform that seamlessly integrates into rack-b ...

PALO ALTO, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO), today announced the availability of the Brocade G710 24-port 64G switch, the industry's most responsive and efficient top-of-rack SAN switch. Brocade Gen 7 Fibre Channel combines cyber-resilient and autonomous SAN technology into this cost-effective platform that seamlessly integrates into rack-based storage solutions. The Brocade G710 switch extends the industry's most complete and extensive 64G SAN portfolio that includes fi ...

Key TakeawaysZacks Thematic Screens lets you explore 30 investment themes, including Artificial Intelligence stock picks.The AI screen features companies like software and hardware creators, along with those best using this tech.Two top AI picks include Nvidia, thanks to data center demand, and Broadcom, which has seen 44% YOY growth.Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare ...

2024 was a phenomenal year for most mega-cap growth stocks, which helped lead broader indexes like the S&P 500 (^GSPC -1.54%) to new heights. Still, some investors may be concerned that the rally is a bit overextended.Even weak companies can see their stock prices rise when investors are optimistic. However, over time, the best-performing stocks are businesses that deliver on investor expectations and continue to innovate. So, with the S&P 500 around an all-time high, ensuring you are investing in quality c ...

If you're looking for a top dividend stock to own, you want to be sure to consider whether it increases its payout and keep track of how quickly it normally does so. The rate of increases can be key to ensuring that inflation isn't eating up your dividend income over time. It also demonstrates to investors just how committed the company is to increasing the dividend.Three stocks that pay dividends and have been among the most generous when it comes to raising their payouts include UnitedHealth Group (UNH -0 ...

Growth investing is a widespread strategy deployed, with investors targeting companies expected to grow their earnings and revenues at an above-average level. It’s a development that commonly follows through to share outperformance.These companies typically reinvest back into the business for expansion, commonly at the forefront of innovation. And for those seeking a group of strong growth stocks, Nvidia (NVDA) , Broadcom (AVGO) , and Palantir (PLTR) could all be considerations.Let’s take a closer look at e ...

Industry Overview - The semiconductor industry experienced a slowdown early last year but has shown strong recovery in recent quarters, driven by advancements in AI technology, data processing, and a resurgence in electronics manufacturing [1] - Global semiconductor sales reached $57.8 billion in November, marking a 20.7% year-over-year increase and a 1.6% sequential growth from October's $56.9 billion [3] - The AI boom, particularly generative AI, has significantly fueled demand for semiconductors across various industries, with NVIDIA leading the charge in the generative AI sector [3] AI-Driven Growth - AI enthusiasm continues to boost semiconductor demand, with tech companies aggressively investing in AI development and integration into products [4] - Microsoft announced plans to invest $80 billion in AI-powered data centers for fiscal 2025, reflecting the growing importance of AI workloads [5] - AI-specific chips and memory components like NAND flash and DRAM are experiencing increased demand due to their critical role in high-performance computing and AI-intensive tasks [7] Key Semiconductor Companies NVIDIA Corporation (NVDA) - NVIDIA is a leading player in the semiconductor industry, particularly in GPUs, which are crucial for data centers, AI, and cryptocurrency mining [8] - The company's expected earnings growth rate for the current year exceeds 100%, with a Zacks Rank 2 [9][10] Broadcom Inc. (AVGO) - Broadcom is a major supplier of semiconductor devices, with a strong focus on AI chips and Ethernet AI solutions, which have seen a 400% year-over-year increase [11] - The company's expected earnings growth rate for the current year is 29.4%, with a Zacks Rank 2 [12] MACOM Technology Solutions Holdings, Inc. (MTSI) - MACOM specializes in analog RF, microwave, and millimeter wave semiconductor devices, serving markets like data centers, industrial & defense, and telecom [15] - The company's expected earnings growth rate for the current year is 31.6%, with a Zacks Rank 2 [16] Semtech Corporation (SMTC) - Semtech designs and manufactures analog and mixed-signal semiconductors for commercial applications, with a product line including Signal Integrity and Wireless Products [17] - The company's expected earnings growth rate for the current year exceeds 100%, with a Zacks Rank 2 [18]

The five stocks most bought by U.S. Congress members in 2024 share several things in common, including leadership positions in technology and bipartisan appeal. The takeaway is that these stocks are critical to national security and the U.S. leadership in world trade, and their business is validated by congressional support. While not technically insiders, Congress members are uniquely positioned to know which companies are in the best positions to benefit from international trends and government policies.  ...

Few stocks had an end to 2024 like Broadcom (AVGO -3.29%). Its December gains look even more impressive considering how large the company was before its latest massive run-up. In November, Broadcom had already crossed the $800 billion mark. Now, it's a member of the exclusive $1 trillion club. After the stock's recent surge, many might wonder if it can keep the momentum going in 2025. After all, its was management's comments about the outlook for 2025 that helped spur the rally.Broadcom's business has a wid ...

Broadcom (AVGO) shares have appreciated 32.4% in the past month, outperforming both the Zacks Computer & Technology sector and the Zacks Electronics Semiconductors industry. Over the same timeframe, the sector and industry have returned 0.3% and 18.9%, respectively.AVGO is benefiting from strong demand for its networking products and custom AI accelerators (XPUs). In fiscal 2024, AI revenues jumped 220% over fiscal 2023 to $12.2 billion and represented 41% of semiconductor revenues. The acquisition of VMwar ...