Amazon shares sink despite beat on revenue and earnings
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Yahoo
20 minutes ago
- Yahoo
Broadcom Supercharges AI Infrastructure With Next-Gen Chip
Broadcom (NASDAQ:AVGO) announced on Monday that it has begun shipping the Jericho4 ethernet fabric router, a purpose-built platform designed for the next generation of distributed AI infrastructure. Broadcom built the Jericho4 networking chip to meet the growing demands of hyperscalers like Microsoft (NASDAQ:MSFT) and (NASDAQ:AMZN) as they scale AI infrastructure. Engineered to connect data centers up to 60 miles apart, Jericho4 accelerates AI workloads by managing massive volumes of network traffic with high-bandwidth memory typically used in GPUs from Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD).Broadcom designed Jericho4 to interconnect over one million XPUs across multiple data centers, breaking traditional scaling limits with unmatched bandwidth, security, and lossless performance. Together with the Tomahawk 6 and Tomahawk Ultra, Jericho4 completes Broadcom's comprehensive networking portfolio for HPC and AI. As AI models grow in size and complexity, infrastructure demands now exceed single data centers' power and physical limits. To meet these demands, engineers must distribute XPUs across multiple facilities, each equipped with tens to hundreds of megawatts of power. This shift requires a new class of router optimized for secure, lossless, high-bandwidth transport across regional distances. By leveraging deep buffering and intelligent congestion control, Jericho4 ensures lossless RoCE across 100km+ distances, enabling a truly distributed AI infrastructure that is not limited by power or space at any single site. Built on a 3nm process, Jericho4 integrates Broadcom's advanced 200G PAM4 SerDes, offering industry-leading reach. This design eliminates the need for retimers and other additional components, lowering power consumption, reducing costs, and improving system reliability. Broadcom stock gained close to 29% year-to-date, topping the NASDAQ 100 Index by over 10%, backed by the AI frenzy. Broadcom leads the Application-Specific Integrated Circuit (ASIC) market by designing and manufacturing custom silicon chips tailored for high-performance computing, networking, and storage. The company prioritizes speed and efficiency, delivering advanced solutions that power data centers and specialized computing infrastructure. Meta Platforms (NASDAQ:META), Microsoft, and Alphabet (NASDAQ:GOOGL) are driving a $250 billion surge in AI infrastructure through 2025–26, demonstrating their commitment to powering the next industrial revolution. These tech giants are rapidly increasing capital expenditures on data centers, servers, and networking to scale AI development, turning bold ambitions into concrete infrastructure. Price Action: AVGO stock is trading higher by 0.38% to $298.86 premarket at last check Tuesday. Photo by Tada Images via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? BROADCOM (AVGO): Free Stock Analysis Report This article Broadcom Supercharges AI Infrastructure With Next-Gen Chip originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
23 minutes ago
- CNBC
5 things to know before the Tuesday open: Palantir earnings Trump applauds American Eagle
Investors who might have had anxiety checking their holdings over the weekend got a nice reprieve on Monday. Stocks rallied to start the new week, with the S&P 500 snapping its four-day losing streak and the Dow Jones Industrial Average erasing its Friday sell-off. All three major indexes ended Monday's session more than 1% higher. Stock futures are slightly higher on Tuesday morning. Follow live market updates here. Tariff news continues to make headlines as market participants count down to Thursday — the most recent deadline set by the White House for it to start collecting tariffs from some trading partners. President Donald Trump said Monday that he would "substantially" hike tariffs on goods coming from India because the country buys Russian oil. The European Union also announced Monday that it would delay enacting planned tariffs on the U.S. for six months. Trump will join CNBC's "Squawk Box" for an interview at 8 a.m. ET Tuesday morning. Stream CNBC live here. Palantir, the buzzy and mysterious defense technology stock, recorded quarterly revenue of $1 billion for the first time. It's an important milestone for the company, which has seen its shares skyrocket and become a favorite of retailer investors given its futuristic focus and eccentric CEO, Alex Karp. As CNBC's Samantha Subin notes, the Denver-based company has become a beneficiary of Trump's governmental cost-cutting initiatives, with its U.S. government revenues jumping 53% year-over-year. Palantir shares popped in extended trading following its earnings report. This week, OpenAI's ChatGPT products are poised to reach 700 million weekly active users. There's a few ways to show just how much that number has ballooned with artificial intelligence's move into the mainstream. First, it's up about 40% from March alone. Even more eye-popping, the number has grown more than fourfold from a year ago. ChatGPT's number of paid business users is also accelerating, up to five million from three million in June. After getting caught in controversy over its new advertising campaign starring actress Sydney Sweeney, American Eagle got a vote of confidence from the White House on Monday. Trump called the campaign the "'HOTTEST' ad out there" in a social media post. He also said that Sweeney, who's known for roles in "Euphoria" and "The White Lotus," is a registered Republican. American Eagle's shares surged more than 23% following the president's post, marking the Pittsburgh-based company's best day in about a quarter of a century. —
Digital Trends
an hour ago
- Digital Trends
Grab the Beats Studio Pro wireless headphones while they're almost 50% off
For those who are on the hunt for headphone deals, you wouldn't want to miss this chance to buy the Beats Studio Pro at almost half-price. From their original price of $350, they're available on Amazon for a much more affordable $180 for savings of $170. This is a limited-time offer that may be gone as soon as tomorrow though, so if you want to make sure that you get these wireless headphones at 49% off, you're going to have to complete your purchase immediately. Why you should buy the Beats Studio Pro wireless headphones In our review of the Beats Studio Pro, we said the wireless headphones were 'worth it' at their sticker price of $350, so they're a must-buy with this offer from Amazon. They provide rich and top-quality sound, active noise cancellation to block distractions, and transparency mode to hear what's going on around you without having to turn off your music. The Beats Studio Pro also feature personalized spatial audio for an immersive listening experience, on-device controls, and voice-targeting microphones so that you'll come across loud and clear when in a phone call. When we compared the Beats Studio Pro vs Apple AirPods Max, the advantages of the Beats Studio Pro include the ability to be folded up and stored in a soft pouch with their accessories, better call performance especially if you'll often have conversations in loud places, support for lossless hi-res audio with its USB-C cable, and longer battery life of up to 40 hours with ANC deactivated — not to mention their lower price tag. The Beats Studio Pro are a steal at their lowered price of just $180 from Amazon, following a $170 reduction on their sticker price of $350. That's a 49% discount, but with Beats headphone deals always drawing a lot of attention, we're pretty sure that the stocks that are up for sale will run out quickly. If you're already looking forward to listening to your favorite tracks with the Beats Studio Pro wireless headphones, hurry with your transaction to get them at almost half their original price!
