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2024-12-13 11:54:26

Broadcom's profit was higher than expected. Artificial intelligence promoted sales growth. Broadcom, a chip supplier of Apple and other large technology companies, announced that its fourth-quarter profit was better than expected, and the demand for artificial intelligence boosted growth. The company said in a statement on Thursday that earnings per share excluding some items were $1.42. Revenue rose to nearly $14.1 billion. According to data compiled by Bloomberg, the average forecast of analysts was $1.39 per share and $14.1 billion in revenue. Broadcom expects sales to reach $14.6 billion in the first fiscal quarter ending January, in line with analysts' expectations. Broadcom's financial report shows that the demand for artificial intelligence computing is hedging the slowdown in other fields. Broadcom, like NVIDIA, has positioned itself as the main beneficiary of artificial intelligence expenditure. After the announcement of the financial report, Broadcom's share price once rose more than 6% after hours. As of Thursday's close, the stock has increased by 62% since 2024.Fitch: It is estimated that the sales growth rate of food, beverage, tobacco and consumer goods will be low in single digits in 2025.Morgan Stanley downgraded Wharf to low allocation with a target price of HK$ 20.


Morgan Stanley downgraded Wharf to low allocation with a target price of HK$ 20.Market information: FTSE Film will increase the output of CMP slurry in Korea by 30%.Biden will attend the virtual meeting of the Group of Seven scheduled for 9: 30am EST (9: 30pm Beijing time).


Turkish President meets US Secretary of State, focusing on the situation between Syria and Palestine and Israel. Turkish President Erdogan meets visiting US Secretary of State Blinken at Essenboa International Airport in Ankara, the capital, and the two sides hold closed-door talks. It is reported that the talks focused on bilateral relations, regional and international hot issues, especially the latest development of the situation in Syria. The two sides discussed how to strengthen regional cooperation, jointly support the political transition led by Syria and promote the establishment of a "responsible" and "inclusive" government. Erdogan emphasized that Turkey has always insisted on safeguarding Syria's territorial integrity and sovereign unity. Erdogan pointed out that Turkey will never compromise in the struggle against the extremist organization "Islamic State". As the only NATO country directly at war with the Islamic State, Turkey will continue to take measures to combat threats, including the PKK and its affiliated organizations, ensure national security and prevent any forces from taking advantage of the current situation in Syria. In addition, the two sides also exchanged views on the current Palestinian-Israeli situation. Erdoğ an and Blinken agreed that it is urgent to achieve a ceasefire in Gaza as soon as possible and reach an agreement on the exchange of detainees, and stressed that humanitarian assistance to Palestinians should be strengthened.According to the medical report, Brazilian President Lula removed the drainage tube from his head at night and is still in the intensive care unit. Lula is still conscious and speaks normally.Broadcom's share price rose more than 10% after the US market closed. In the news, Broadcom's fourth-quarter profit was better than expected, and the demand for artificial intelligence boosted growth.

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