Broadcom Hits $1T Valuation, Bezos Looks For Trump Help
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 13 December 2024
⏱️ 47 minutes
🧾️ Download transcript
Summary
Bloomberg's Tim Stenovec discusses Broadcom's surge after the company forecasted strong growth from high AI demand. And Jeff Bezos looks to President-elect Trump for help with his plans for space. Plus, we hear from San Francisco's incoming mayor, Daniel Lurie, on his vision for the city as the center of an AI future.
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| 0:49.7 | Podcasts, radio, news. |
| 0:53.1 | From the heart of where innovation, money and power collide in Silicon Valley and beyond. |
| 0:59.0 | This is Bloomberg Technology for Caroline Hyde. |
| 1:19.6 | This is Bloomberg technology. |
| 1:21.6 | Coming up, Cloud 9, a broadcom up around 20%, soaring the most, going all the way back to 2020 and topping |
| 1:28.2 | $1 trillion in valuation after posting it better than expected results. |
| 1:33.4 | Plus, Jeff Bezos looks to President-elect Trump to help with his space ambitions against |
| 1:37.5 | yes, Elon Musk. |
| 1:39.5 | And San Francisco's incoming mayor, Daniel Lurie, certainly wants to take advantage of the |
| 1:43.5 | AI boom for the revival of the city, but for him it's more than just AI. |
| 1:48.0 | More on that, later this hour. |
| 1:50.0 | First up, though, let's get a check on Broadcom with Bloomberg's Abigail Doolittle. |
| 1:54.0 | Hey, Abigail. |
| 1:55.0 | Hey, Tim, yeah, this is a really impressive rally. |
| 1:57.0 | Take a look at the shares of Broadcom up about 19% on the day, right near session highs. |
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