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In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue (CNBC) from Techmeme RSS feed.
In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue (CNBC)
CNBC:
In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue — It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area's moniker.