AI revenue skyrockets and investors take note, catapulting Broadcom beyond a trillion-dollar valuation and reinforcing the importance of advanced chip solutions in the tech hierarchy.

We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other AI stock news and ratings dominating Wall Street. Is artificial intelligence hitting a wall? Speaking at the New York Times annual […]

A new report from the Future of Life Institute gave mostly Ds and Fs

Broadcom’s AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion.

Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD.

Liquid AI is developing generative AI apps that work without connecting to cloud computers, which could save energy and better protect data privacy.

The semiconductor and networking specialist offered the clearest proof yet that the artificial intelligence (AI) revolution is going strong.

Broadcom also predicted that the addressable market for AI components that it designs for data center operators would reach as high as $90 billion by fiscal 2027.

In its fiscal fourth quarter performance, semiconductor manufacturer Broadcom (AVGO) forecasts booming AI demand in the year to come and beyond. Bernstein Managing Director and Senior Analyst Stacy Rasgon sits down with The Morning Brief’s Seana Smith and Brad Smith to talk more about Broadcom’s earnings print, the artificial intelligence landscape at large, and what this could even mean for competitor Nvidia (NVDA). “Over the longer term, they really gave people a reason to dream, right? So they were talking about… over the next, say, 3 or 4 years… they have three primary hyperscaler customers today that they sell AI chips to. And they pointed like sort of visions of a very large opportunity. They said sort of $60 to $90 billion potential opportunity over that time frame just with those three guys,” Ragson says to Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

The funding round values the startup at more than $2 billion.