JUMP REPORT
| Avg Daily Volume: 2,585,714 Market Cap: 112.86B Sector: Technology Short Interest: 2.18 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 5.13/share REV: 5,780/M
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LAST QTR: EPS: 5.16/share ACTUAL: 5.21/share (BEAT)
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NEXT QTR: EPS: 5.49/share REV: 5,780/M
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FULL YR: EPS: 22.58/share REV: 22,610/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 93% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -8.57, 11.88, 4.85
POTENTIAL JUMP MOVE: 5-8%
Links To Latest News and Headlines
(Bloomberg) — Broadcom Inc. plans to fire almost 1,300 VMware Inc. employees in California following the completion of a $61 billion acquisition that pushed the chipmaker deeper into the software industry.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Saudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World’s Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Sin
Broadcom on Thursday announced a new network switch with a novel on-chip, neural-network inference engine.
Broadcom stock tends to outperform in December
Tech conglomerate Broadcom added artificial intelligence features to a new version of one of its flagship networking chips, the company said on Thursday, aiming to help move information around data centers more efficiently. Devoting a portion of the silicon in Broadcom’s Trident networking processors to AI improves the chip’s efficiency and its ability to handle other tasks such as network security. The new chip includes typical performance boosts such as reduced power consumption and more network bandwidth.
The New Trident 5-X12 Doubles Bandwidth, Reduces Power By 25%, and Adds Neural Network To Enable Next-Generation Telemetry, Security and Traffic EngineeringSAN JOSE, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) — In a world’s first for switching silicon, Broadcom Inc. (NASDAQ:AVGO) today announced a novel on-chip, neural-network inference engine called NetGNT (Networking General-purpose Neural-network Traffic-analyzer) in its new, software-programmable Trident 5-X12 chip. NetGNT works in parallel to
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