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Broadcom’s custom AI chip business stays hot and gives the bulls a much-needed win

Broadcom’s custom AI chip business stays hot and gives the bulls a much-needed win

Broadcom on Wednesday delivered a solid quarterly results while painting an increasingly upbeat picture around the future of its custom AI chip business. The report showed that despite fading enthusiasm for Broadcom’s stock, its most important business still has the wind at its back. Revenue in the fiscal first quarter of 2026, which ended Feb….

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China to reportedly boost defense spending by 7%, slowest pace since 2021

China to reportedly boost defense spending by 7%, slowest pace since 2021

China’s liquid-fueled intercontinental strategic nuclear missiles DongFeng-5C, which have a global strike range, pass through Tian’anmen Square during the V-Day military parade on September 3, 2025 in Beijing, China. China News Service | China News Service | Getty Images BEIJING — China plans to increase its defense spending by 7% this year, Reuters reported Thursday,…

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