Broadcom Earnings Jump 25% In Q1, Driven By AI Growth

March 7, 2025

Catenaa, Friday, March 07, 2025- Broadcom recorded more than expected revenue in the first quarter of 2025, the company reported on Thursday, with 25% growth year over year driven by Artificial Intelligence (AI). Chipmaker’s revenue stood at $14.9 billion for the first quarter, while adjusted net income came in at $7.82 billion, up from $5.25 billion a […]

Nvidia Starts Selling Shares Under Huang’s $865M Plan

June 24, 2025

Catenaa, Tuesday, June 24, 2025- Nvidia has started selling its stock under a plan by CEO Huang that allows it to offload up to $865 million worth by year’s end. Chief Executive Officer Jensen Huang disposed of 100,000 shares over two days on June 20 and June 23, for $14.4 million, according to a filing […]

Nvidia Tops Q4 Revenue Forecasts but Investors Worry

February 27, 2025

Catenaa, Thursday, February 27, 2025- Nvidia has beaten Wall Street revenue expectations with revenue up by 78% year on year for the fourth quarter that ended in January 2025, while investors watch closely how the chipmaker is weathering DeepSeek’s powerful Al model. Earnings report for Q4 of fiscal year 2025 released on Wednesday showed revenue at $ […]

Nvidia’s Rise Fueled By Fellow Magnificient Seven Members

May 23, 2025

Catenaa, Friday, May 23, 2025- Nvidia’s rise to center stage has been fueled by the spending of its fellow members of the so-called Magnificent Seven on chipmaker’s AI chips, Bloomberg said. Bloomberg estimates show that Microsoft is the largest driver of Nvidia’s revenue, followed by Meta, Amazon, and Google parent Alphabet, while Tesla is Nvidia’s […]

TSMC Reports a 42% Increase In Revenue First Quarter

April 10, 2025

Catenaa, Thursday, April 10, 2025- TSMC, the world’s largest contract chipmaker, reported $ 25.55 billion net revenue in the first quarter on Thursday, beating market forecasts, as the company reaps the benefit from artificial intelligence demand. In the January-March period, Taiwan Semiconductor Manufacturing Co (TSMC) posted revenue of 839.25 billion Taiwan dollars, about $25.5 billion, […]