South Dakota Investment Council increased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 10.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,849 shares of the wireless technology company's stock after buying an additional 8,098 shares during the period. South Dakota Investment Council...
South Dakota Investment Council increased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 10.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,849 shares of the wireless technology company's stock after buying an additional 8,098 shares during the period. South Dakota Investment Council's holdings in Qualcomm were worth $13,949,000 at the end of the most recent reporting period. Several other institutional investors have also modified their holdings of the business. Westerkirk Capital Inc. acquired a new position in Qualcomm in the second quarter worth $4,539,000. MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Qualcomm in the 2nd quarter worth about $3,896,000. Inscription Capital LLC boosted its holdings in shares of Qualcomm by 58.1% in the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company's stock valued at $2,172,000 after buying an additional 4,799 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Qualcomm by 1.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company's stock valued at $167,082,000 after buying an additional 16,738 shares during the period. Finally, Simplify Asset Management Inc. bought a new stake in shares of Qualcomm during the 3rd quarter valued at about $725,000. Institutional investors and hedge funds own 74.35% of the company's stock. Get Qualcomm alerts: Sign Up Qualcomm Price Performance Shares of NASDAQ:QCOM opened at $141.03 on Tuesday. The stock has a market cap of $150.48 billion, a price-to-earnings ratio of 29.14, a PEG ratio of 7.11 and a beta of 1.25. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The stock...
South Dakota Investment Council grew its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 119.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,890 shares of the enterprise software provider's stock after acquiring an additional 25,016 shares during the quarter. South Dakota Investment Council's holdings ...
South Dakota Investment Council grew its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 119.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,890 shares of the enterprise software provider's stock after acquiring an additional 25,016 shares during the quarter. South Dakota Investment Council's holdings in Oracle were worth $12,906,000 at the end of the most recent reporting period. Get Oracle alerts: Sign Up Several other hedge funds have also recently modified their holdings of ORCL. Kampmann Melissa S. increased its stake in Oracle by 0.3% during the 3rd quarter. Kampmann Melissa S. now owns 11,910 shares of the enterprise software provider's stock valued at $3,350,000 after purchasing an additional 35 shares in the last quarter. McLean Asset Management Corp lifted its holdings in shares of Oracle by 0.7% during the third quarter. McLean Asset Management Corp now owns 5,319 shares of the enterprise software provider's stock worth $1,551,000 after purchasing an additional 36 shares during the period. Mine & Arao Wealth Creation & Management LLC. boosted its holdings in shares of Oracle by 0.7% in the 3rd quarter. Mine & Arao Wealth Creation & Management LLC. now owns 5,281 shares of the enterprise software provider's stock valued at $1,485,000 after acquiring an additional 36 shares during the last quarter. Voisard Asset Management Group Inc. boosted its holdings in Oracle by 3.4% in the third quarter. Voisard Asset Management Group Inc. now owns 1,127 shares of the enterprise software provider's stock valued at $317,000 after purchasing an additional 37 shares during the last quarter. Finally, Avion Wealth raised its stake in shares of Oracle by 16.6% during the 3rd quarter. Avion Wealth now owns 260 shares of the enterprise software provider's stock valued at $73,000 after buying an additional 37 shares during the last quarter. Institutional investors and hedge funds o...
D. Lentz/iStock via Getty Images Norsk Hydro ( NHYDY ) ( NHYKF ) said Tuesday that QatarEnergy issued a statement that the company has halted production of some downstream products in Qatar, including urea, polymers, methanol and aluminum. The news follows QatarEnergy's announcement on Monday that it had stopped the production of liquefied natural gas after Iranian drone attacks on its Ras La...
D. Lentz/iStock via Getty Images Norsk Hydro ( NHYDY ) ( NHYKF ) said Tuesday that QatarEnergy issued a statement that the company has halted production of some downstream products in Qatar, including urea, polymers, methanol and aluminum. The news follows QatarEnergy's announcement on Monday that it had stopped the production of liquefied natural gas after Iranian drone attacks on its Ras Laffan complex, the world's largest LNG export facility. QatarEnergy supplies gas to Norsk Hydro's ( NHYDY ) ( NHYKF ) Qatalum 50-50 joint venture with Qatar Aluminum Manufacturing Company; the plant has a nameplate capacity of primary aluminum of 648K metric tons and casthouse capacity of 687K metric tons. Aluminum prices ( LMAHDS03:COM ) likely will keep rising if fighting drags on in the Middle East, which is a major source of primary aluminum worldwide; Bahrain, Qatar, the UAE, Oman and Saudi Arabia are all countries where major smelters operate, and all have been targeted in Iran's retaliation. "The Middle East accounts for ~8% of global aluminium capacity and is heavily reliant on the Strait of Hormuz for both metal exports and alumina imports," ING analysts said in a note. More on Norsk Hydro Norsk Hydro: Starting To Look For An Exit In 2026E (Rating Downgrade) Norsk Hydro Q4 2025 Earnings Call Presentation Seeking Alpha’s Quant Rating on Norsk Hydro
Recognition underscores the company's leadership in AI transformation, driven by an AI-first, human-led approach that scales innovation and impact across Cloud & AI Platforms, AI Business Solutions, and Security EAST BRUNSWICK, N.J. and BANGALORE, India, March 3, 2026 /PRNewswire/ -- Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leading AI-first Modernization Engineering company and long-stan...
Recognition underscores the company's leadership in AI transformation, driven by an AI-first, human-led approach that scales innovation and impact across Cloud & AI Platforms, AI Business Solutions, and Security EAST BRUNSWICK, N.J. and BANGALORE, India, March 3, 2026 /PRNewswire/ -- Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leading AI-first Modernization Engineering company and long-standing global partner of Microsoft, today announced that it has been recognized as a Microsoft Frontier Partner. This recognition underscores Sonata Software's leadership in delivering AI-first human-led approach that combines AI agents and human ingenuity to scale innovation and impact across Cloud & AI Platforms, AI Business Solutions, and Security. Sonata & Microsoft partnership Earned by demonstrating excellence across multiple Microsoft Cloud and AI disciplines, the Frontier Badge is a new symbol of leadership and impact. It recognizes partners delivering cutting-edge solutions on the Microsoft Cloud. These solutions leverage AI, Copilot, and agentic architectures to transform business processes and employee experiences. The badge honors partners who are bending the curve of innovation and setting the pace for what's next. Rajsekhar Datta Roy, Chief Technology Officer at Sonata Software, said: "We are proud to be recognized as a Microsoft Frontier Partner. Powered by the strength of the Microsoft partner ecosystem, this distinction reinforces our credibility in enabling enterprises – including our own – to evolve into AI-first organizations. Through early investments across Microsoft AI business solutions, Microsoft Fabric, and Azure AI Foundry, we are helping clients accelerate AI adoption and unlock measurable value, faster." Anthony Lange, Chief Revenue Officer at Sonata Software added: "The Microsoft Frontier Partner Badge reinforces our position as a trusted growth partner for our clients. The recognition reflects our ability to translate advanced Microsoft Cloud an...
(RTTNews) - Reports on weekly Jobless Claims, the U.S. trade deficit and Service sector activity are the major economic announcements on Wednesday. Investors might continue to react to President Donald Trump's new reciprocal import tariff announcements. In the Asian trading session, the dollar slid broadly, while oil prices fell more than 3 percent. Initial cues from the U.S. Futures Index suggest...
(RTTNews) - Reports on weekly Jobless Claims, the U.S. trade deficit and Service sector activity are the major economic announcements on Wednesday. Investors might continue to react to President Donald Trump's new reciprocal import tariff announcements. In the Asian trading session, the dollar slid broadly, while oil prices fell more than 3 percent. Initial cues from the U.S. Futures Index suggest that Wall Street might open significantly lower. As of 8.15 am ET, the Dow futures plunged 1180.00 points, the S&P 500 futures were declining 188.25 points and the Nasdaq 100 futures were tumbling 765.50 points. The U.S. major averages closed positive. The Nasdaq advanced 151.16 points or 0.9 percent to 7,601.05, the S&P 500 climbed 37.90 points or 0.7 percent to 5,670.97 and the Dow rose 235.36 points or 0.6 percent to 42,225.32. On the economic front, the International Trade in Goods and Services for February will be issued at 8.30 am ET. The consensus is for a deficit of $122.7 billion, compared to deficit of $131.4 billion in January. The Jobless Claims for the week will be published at 8.30 am ET. The consensus is for an increase of 226K, while it was up 224K in the prior week. The PMI Composite Final for March will be revealed at 9.45 am ET. In the prior month, the Composite Index was at 51.6. The Services Index is expected to be 54.3. The ISM Services Index for March will be released at 10.00 am ET. The consensus is 53.0, while it was up 53.5 in the previous month. The Energy Information Administration or EIA's Natural Gas Report for the week is scheduled at 10.30 am ET. In the prior week, the gas stock was up 37 bcf. The Fed Balance Sheet for the week will be published at 4.30 pm ET. In the prior week, the level was at $6.74 trillion. Fed Vice Chair Philip Jefferson will speak on 'U.S. Economic Outlook and Central Bank Communications' before the Conference on Financial Intermediaries, Markets and Monetary Policy hosted by the Fed Reserve of Atlanta and the Universi...
Infosys Limited (NYSE:INFY) shares are down during Tuesday’s premarket session as the broader market faces a significant downturn, with major indices like the S&P 500 and Nasdaq showing notable declines. The stock’s movement reflects a broader sell-off rather than company-specific news, despite a recent positive development reported by the company. Details The collaboration focuses on optimizing A...
Infosys Limited (NYSE:INFY) shares are down during Tuesday’s premarket session as the broader market faces a significant downturn, with major indices like the S&P 500 and Nasdaq showing notable declines. The stock’s movement reflects a broader sell-off rather than company-specific news, despite a recent positive development reported by the company. Details The collaboration focuses on optimizing AI performance and scalability, leveraging Intel’s high-performance compute platforms alongside Infosys Topaz Fabric. This partnership aims to facilitate the transition of AI from pilot projects to full-scale production, enhancing operational efficiency across various industries. By integrating the secure and modular framework of Infosys Topaz Fabric with Intel’s scalable, open hardware and software ecosystem, the partnership seeks to promote open standards from edge to cloud while speeding up secure, cost-effective, and scalable enterprise AI adoption with tangible global impact. The alliance focuses on building “right-sized” AI architectures that optimize performance, strengthen security, and manage total cost of ownership—enabling reliable, production-ready solutions for mission-critical applications such as IT operations, developer productivity, and automated workflows across industries. In a statement, Salil Parekh, CEO of Infosys, emphasized the importance of this collaboration for embedding AI securely and effectively within enterprise operations. The initiative is expected to unlock significant value for clients by integrating advanced AI capabilities into their core business processes. Technical Analysis Currently, the stock is trading 0.9% above its 20-day simple moving average (SMA) but is 3.2% below its 100-day SMA, indicating some short-term strength while struggling with longer-term momentum. Over the past 12 months, shares have decreased, and they are currently positioned closer to their 52-week lows than highs, reflecting ongoing challenges. The RSI is at 44....
Getty Images Right now, the mood in the stock markets is decidedly bearish. Investors are dumping all stocks on broadening fears for geopolitical tensions escalating, the question marks hanging over tariffs, and especially the rising threat of AI acting as a net tailwind rather than headwind for the economy. Amid a volatile market, there has never been a better time to deploy careful stock selecti...
Getty Images Right now, the mood in the stock markets is decidedly bearish. Investors are dumping all stocks on broadening fears for geopolitical tensions escalating, the question marks hanging over tariffs, and especially the rising threat of AI acting as a net tailwind rather than headwind for the economy. Amid a volatile market, there has never been a better time to deploy careful stock selection. In my view, there are a number of companies that both trade cheaply and are well insulated from most of the potential macro crosswinds that are bogging investors down. Starz Entertainment ( STRZ ), which recently spun off from the production studio Lionsgate ( LION ), is one of those companies. With a noticeably improving direct subscriber trend amid a planned shrinkage and simplification of its business, the company is looking ahead to meaningful profitability in 2026. Shares recently leaped ~20% after a better-than-expected 2026 outlook, and in my view this may be the beginning of a longer rebound for this stock. Data by YCharts I last wrote a neutral article on Starz in December, when the stock was trading at $12 per share. Now slightly lower, and with improving subscriber trends plus a line of sight to meaningful FCF and debt deleverage in 2026, I'm not hesitating to upgrade my viewpoint on this stock to a buy. To me, these are the core reasons to be long on Starz: Subscriber growth is a testament to strong and unique slate. Though Starz is definitely a distant player behind the likes of Netflix ( NFLX ) and Disney Plus, it's also tough not to acknowledge that the company has its own dedicated base of subscribers. The company has accelerated direct subscriber trends recently in the U.S., which is a vote of confidence in the company's slate which includes acclaimed series like Spartacus , Outlander , and Power Book . Canadian restructuring paves the road to profitability. Last year, the company essentially sold off its Canadian operations to its major partner in the ...
Michael Rosen’s work has been a stalwart of children’s bookshelves, bedtime stories and classroom read-alongs for decades, with children and adults alike able to quote chunks of his work. The much-loved poet, performer and broadcaster has a knack for writing sing-song rhymes that stick in your mind for years to come, whether it’s his classic picture book We’re Going on a Bear Hunt or his hilarious...
Michael Rosen’s work has been a stalwart of children’s bookshelves, bedtime stories and classroom read-alongs for decades, with children and adults alike able to quote chunks of his work. The much-loved poet, performer and broadcaster has a knack for writing sing-song rhymes that stick in your mind for years to come, whether it’s his classic picture book We’re Going on a Bear Hunt or his hilarious poem Chocolate Cake. His first poetry collection, Mind Your Own Business, was published in 1974, and since then Rosen has written more than 140 books of poetry and prose, served as children’s laureate, and even become a TikTok meme for his pronunciation of the word “nice.” A tireless advocate for reading aloud and improving children’s literacy, Rosen has also been vocal about his political views, expressing his leftwing views throughout his career and campaigning against Brexit. He has also been a staunch supporter of the NHS, praising the way the health service cared for him when he spent six weeks on a ventilator after contracting Covid-19 in 2020. As he turns 80 this year, we’re inviting fans of Rosen to ask him the questions they’ve always wanted to ask. We’ll put as many of them as we can to him, and publish his responses. Send in your question You can post your question for Michael Rosen using this form. Please share your story if you are 18 or over, anonymously if you wish. For more information please see our terms of service and privacy policy Tell us here Your responses, which can be anonymous, are secure as the form is encrypted and only the Guardian has access to your contributions. We will only use the data you provide us for the purpose of the feature and we will delete any personal data when we no longer require it for this purpose. For alternative ways to get in touch securely please see our tips guide Name Where do you live? Tell us a bit about yourself (e.g. age, background, what you do) Optional Share your question for Michael Rosen Please include as much...
Key Points Target's sales have been heading lower even as competitor Walmart has been growing its top line. It may require more than just a change in the corner office to turn Target's fortunes around. 10 stocks we like better than Target › Target (NYSE: TGT) is one of the largest retailers in the United States. Its main competitor is Walmart (NASDAQ: WMT), given that both operate similarly large ...
Key Points Target's sales have been heading lower even as competitor Walmart has been growing its top line. It may require more than just a change in the corner office to turn Target's fortunes around. 10 stocks we like better than Target › Target (NYSE: TGT) is one of the largest retailers in the United States. Its main competitor is Walmart (NASDAQ: WMT), given that both operate similarly large stores. However, there is a significant performance gap right now, with Target struggling and Walmart thriving. Here's why a CEO change at Target may not be enough to turn things around in 2026. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What does Target do? Target is a retailer with stores that sell a variety of items from kitchenware to food. It is a very large business, generating $25.3 billion in revenue in the third quarter of 2025 alone. That said, the company's approach is very particular, as it aims to offer a higher-quality experience to customers. That generally translates to nicer stores and more expensive merchandise than its main rival, Walmart, which focuses simply on offering low prices. Being at the higher end of the market is a problem right now. To put a number on that, Target's sales fell 1.5% in the third quarter of 2025, with same-store sales off by 2.7%. In comparison, Walmart's sales have been growing quite strongly. In that same quarter, its top line grew 5.8% and its U.S. business benefited from a same-store sales advance of 4.5%. The key driver of this divergence is that consumers are tightening their belts because of inflation and concerns about the economy. Walmart's "cheap" trumps Target's "premium experience" right now. Target's new CEO can only do so much Target is cognizant of the problem, and the board of directors has taken action by bringing in a new CEO. A 20-year ...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped 74% year over year to $6.5 billion in the fourth quarter of fiscal 2025. AVGO’s networking portfolio is gaining from strong demand for Tomahawk 6 products, as well as the Jericho 4 Ethernet fabric router. AI revenues are expected to double year over year to $8.2 billion. Broadcom expects semiconductor revenues to jump 50% year over year to $12.3 billion in the first quarter of fiscal 2026. The Zacks Consensus Estimate for Broadcom’s Semiconductor revenues is pegged at $12.11 billion, indicating growth of 47.5% from the figure reported in the year-ago quarter. Click here to learn how AVGO’s overall fiscal first-quarter performance is likely to have been. Broadcom Inc. Revenue (TTM) Broadcom Inc. revenue-ttm | Broadcom Inc. Quote AVGO’s Infrastructure Software to Benefit From VMware VMware’s growing traction is expected to have driven the Infrastructure Software segment’s revenue growth in the fiscal first quarter. Broadcom’s focus on shifting VMware products to a subscription-based model and growing adoption of VMware Cloud Foundation (VCF), which is anticipated to have aided top-line growth in the to-be-reported quarter. AVGO expects infrastructure software revenues to be approximately $6.8 billion, up 2% year over year. The Zacks Consensus Estimate for Infrastructure Software revenues is pegged at $7.039 billion, indicating 5% year-over-year growth. Lower-Margin XPUs to Hurt AVGO’s Gross Margin Although Broadcom has been benefiting from higher sales of XPUs, these lower-margin solutions are expected to impact the gross margin negatively. AVGO forecasts the gross margin to...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped 74% year over year to $6.5 billion in the fourth quarter of fiscal 2025. AVGO’s networking portfolio is gaining from strong demand for Tomahawk 6 products, as well as the Jericho 4 Ethernet fabric router. AI revenues are expected to double year over year to $8.2 billion. Broadcom expects semiconductor revenues to jump 50% year over year to $12.3 billion in the first quarter of fiscal 2026. The Zacks Consensus Estimate for Broadcom’s Semiconductor revenues is pegged at $12.11 billion, indicating growth of 47.5% from the figure reported in the year-ago quarter. Click here to learn how AVGO’s overall fiscal first-quarter performance is likely to have been. Broadcom Inc. Revenue (TTM) Broadcom Inc. revenue-ttm | Broadcom Inc. Quote AVGO’s Infrastructure Software to Benefit From VMware VMware’s growing traction is expected to have driven the Infrastructure Software segment’s revenue growth in the fiscal first quarter. Broadcom’s focus on shifting VMware products to a subscription-based model and growing adoption of VMware Cloud Foundation (VCF), which is anticipated to have aided top-line growth in the to-be-reported quarter. AVGO expects infrastructure software revenues to be approximately $6.8 billion, up 2% year over year. The Zacks Consensus Estimate for Infrastructure Software revenues is pegged at $7.039 billion, indicating 5% year-over-year growth. Lower-Margin XPUs to Hurt AVGO’s Gross Margin Although Broadcom has been benefiting from higher sales of XPUs, these lower-margin solutions are expected to impact the gross margin negatively. AVGO forecasts the gross margin to...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped 74% year over year to $6.5 billion in the fourth quarter of fiscal 2025. AVGO’s networking portfolio is gaining from strong demand for Tomahawk 6 products, as well as the Jericho 4 Ethernet fabric router. AI revenues are expected to double year over year to $8.2 billion. Broadcom expects semiconductor revenues to jump 50% year over year to $12.3 billion in the first quarter of fiscal 2026. The Zacks Consensus Estimate for Broadcom’s Semiconductor revenues is pegged at $12.11 billion, indicating growth of 47.5% from the figure reported in the year-ago quarter. Click here to learn how AVGO’s overall fiscal first-quarter performance is likely to have been. Broadcom Inc. Revenue (TTM) Broadcom Inc. revenue-ttm | Broadcom Inc. Quote AVGO’s Infrastructure Software to Benefit From VMware VMware’s growing traction is expected to have driven the Infrastructure Software segment’s revenue growth in the fiscal first quarter. Broadcom’s focus on shifting VMware products to a subscription-based model and growing adoption of VMware Cloud Foundation (VCF), which is anticipated to have aided top-line growth in the to-be-reported quarter. AVGO expects infrastructure software revenues to be approximately $6.8 billion, up 2% year over year. The Zacks Consensus Estimate for Infrastructure Software revenues is pegged at $7.039 billion, indicating 5% year-over-year growth. Lower-Margin XPUs to Hurt AVGO’s Gross Margin Although Broadcom has been benefiting from higher sales of XPUs, these lower-margin solutions are expected to impact the gross margin negatively. AVGO forecasts the gross margin to...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped...
Broadcom’s AVGO first-quarter fiscal 2026 results, set to be reported on March 4, are expected to reflect the benefits of expanding AI offerings. AVGO’s Semiconductor segment revenues are anticipated to have benefited from strong demand for custom AI accelerators (XPUs), which are a type of application-specific integrated circuits (ASICs) necessary to train Generative AI models. AI revenues jumped 74% year over year to $6.5 billion in the fourth quarter of fiscal 2025. AVGO’s networking portfolio is gaining from strong demand for Tomahawk 6 products, as well as the Jericho 4 Ethernet fabric router. AI revenues are expected to double year over year to $8.2 billion. Broadcom expects semiconductor revenues to jump 50% year over year to $12.3 billion in the first quarter of fiscal 2026. The Zacks Consensus Estimate for Broadcom’s Semiconductor revenues is pegged at $12.11 billion, indicating growth of 47.5% from the figure reported in the year-ago quarter. Click here to learn how AVGO’s overall fiscal first-quarter performance is likely to have been. Broadcom Inc. Revenue (TTM) Broadcom Inc. revenue-ttm | Broadcom Inc. Quote AVGO’s Infrastructure Software to Benefit From VMware VMware’s growing traction is expected to have driven the Infrastructure Software segment’s revenue growth in the fiscal first quarter. Broadcom’s focus on shifting VMware products to a subscription-based model and growing adoption of VMware Cloud Foundation (VCF), which is anticipated to have aided top-line growth in the to-be-reported quarter. AVGO expects infrastructure software revenues to be approximately $6.8 billion, up 2% year over year. The Zacks Consensus Estimate for Infrastructure Software revenues is pegged at $7.039 billion, indicating 5% year-over-year growth. Lower-Margin XPUs to Hurt AVGO’s Gross Margin Although Broadcom has been benefiting from higher sales of XPUs, these lower-margin solutions are expected to impact the gross margin negatively. AVGO forecasts the gross margin to...
Aehr Test Systems ( AEHR ) on Tuesday said it has received a follow-on purchase order from its lead silicon photonics customer for production wafer-level test and burn-in of silicon photonics integrated circuits used in data center optical interconnects and emerging optical I/O architectures for AI processors. Aehr expects to ship the systems in the second half of calendar 2026. AEHR -1.54% premar...
Aehr Test Systems ( AEHR ) on Tuesday said it has received a follow-on purchase order from its lead silicon photonics customer for production wafer-level test and burn-in of silicon photonics integrated circuits used in data center optical interconnects and emerging optical I/O architectures for AI processors. Aehr expects to ship the systems in the second half of calendar 2026. AEHR -1.54% premarket to $43.35. Source: Press Release More on Aehr Test Systems Aehr Test Systems: Big Forecasts, More Proof Needed Aehr Test Systems: Dismal Quarter Offset By Strong Bookings Projections - Hold Aehr reinstates fiscal 2026 guidance, targets $25M–$30M revenue amid strong AI-driven bookings outlook Aehr Test Systems receives over $5.5 million in Sonoma system orders