Broadcom reports strong Q1, ups outlook on XPU gains
Broadcom and its custom AI processors are seeing strong demand as the company handily topped expectations for the fiscal first quarter.
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Broadcom and its custom AI processors are seeing strong demand as the company handily topped expectations for the fiscal first quarter.
Hewlett Packard Enterprise saw server revenue surge in a mixed first quarter, but the company cut its outlook for the second quarter and fiscal year.
Dell Technologies delivered better-than-expected fourth quarter earnings as it continues to see strong demand for AI servers. Shipments for AI servers will hit $15 billion in fiscal 2026, according to the company.
IonQ is doubling down on quantum networking with an acquisition, diversifying globally and has a new CEO along with fourth quarter results and plans to raise more capital.
Nvidia delivered strong results in the fourth quarter as its data center business posted growth of 93% from a year ago.
Broadcom has made VMware more profitable and has kept large customers in the fold, but the next wave of competitors, notably HPE and Platform9, is ramping up efforts to migrate them to a new virtualization platform.
Hershey has to navigate inflation, supply chain disruptions, consumer tastes and GLP-1 obesity drugs and their impact on demand. But at least the company has reached the finish line moving to SAP S/4HANA and one instance.