Venture
fromTechzine Global
8 hours agoSUSE may be sold again
EQT explores selling SUSE, a Linux software company, potentially valued at $6 billion, roughly double its €2.72 billion valuation from 2023.
The AI chipmaker reported record revenue of $16 billion, a 22% year-over-year increase, driven by a 63% surge in AI semiconductor revenue to $5.2 billion. Its infrastructure software segment, bolstered by the 2023 VMware acquisition, grew 43% to $6.79 billion. Broadcom's adjusted EBITDA hit $10.7 billion, up 30% from last year, reflecting robust profitability. The company also raised its Q4 revenue guidance to $17.4 billion, surpassing Wall Street's $17.02 billion estimate, with AI revenue expected to reach $6.2 billion.