US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission’s clearance is tied to remedies relating to Broadcom’s interoperability with rivals that … Read more
Cisco Systems on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom and Marvell Technology. The chips are being tested by five of the six major cloud providers, Cisco said, without naming the firms. Key cloud players include Amazon Web Services, Microsoft Azure and Google Cloud, which together dominate the … Read more
US chipmaker Broadcom‘s Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion (nearly Rs. 4,98,300 crore) bid for cloud computing firm VMware, which has triggered scrutiny on both sides of the Atlantic, is pro-competitive. Tan, flanked by his executives and lawyers, arrived early Friday morning in … Read more
Apple is developing a new server chip that is designed to enable support for features powered by artificial intelligence (AI) in partnership with semiconductor manufacturer Broadcom, according to a report. The company previously announced that it would offload processing for some of its Apple Intelligence features to the cloud, but it has yet to utilise … Read more
Intel’s rivals Taiwan Semiconductor Manufacturing Co and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported on Saturday, citing people familiar with the matter. Broadcom has been closely examining Intel’s chip design and marketing business, the Journal reported, adding that the company had discussed … Read more
Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company’s advanced production techniques. The two tests, which have not been reported previously, indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars’ … Read more
TSMC has pitched US chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel’s factories, according to four sources familiar with the matter. Under the proposal, the Taiwanese chipmaking giant would run the operations of Intel’s foundry division, which makes chips adapted for the needs of … Read more