Broadcom posts record Q1 revenue of $19.3B, up 29% YoY. AI chip sales doubled to $8.4B. Q2 guidance set at $22B, with AI revenue targeting $100B by 2027. Big customers: OpenAI, Google & Anthropic.
Alphabet (GOOGL) announces massive $175-185B capital expenditure for 2026, far exceeding analyst expectations of $115B, as Google deepens AI investments amid growing competition.
Chinese regulators grant approval for Alibaba, Tencent, and ByteDance to order Nvidia H200 AI chips, potentially unlocking $30 billion in revenue amid US-China trade tensions.
Wells Fargo upgrades Broadcom, KLA Corp., Lam Research, and Analog Devices to Overweight, citing strong growth potential, supply-demand dynamics, and positive market momentum.
President Trump suggests Apple may have invested in Intel alongside the U.S. government's 10% stake, but details remain unclear without official confirmation from either company.
China has reportedly told local companies to stop using some U.S. and Israeli cybersecurity software, citing national security concerns amid rising tech tensions.
