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NASDAQ:ATOM 24 April 2026

Atomera Stock Jumps Nearly 50% After Synopsys Deal Puts GaN Chip Tech in Focus

Atomera Stock Jumps Nearly 50% After Synopsys Deal Puts GaN Chip Tech in Focus

Atomera shares surged 49% to $9.20 midday Friday after the company said it expanded its Synopsys partnership to model gallium nitride devices for RF and power chips. Trading volume topped 24 million shares, lifting Atomera’s market value to about $288 million. The announcement comes ahead of Atomera’s May 5 first-quarter results, with investors still seeking signs of commercial revenue. No financial terms were disclosed.
24 April 2026
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Stock Market Today

  • Broadcom Shares Drop 13% on Q2 Revenue Miss and Disappointing AI Forecast
    June 4, 2026, 7:32 AM EDT. Broadcom (NASDAQ:AVGO) shares fell over 13% in after-hours trading after reporting second-quarter revenue of $22.19 billion, slightly below analyst expectations. The company maintained its long-term AI chip revenue target of $100 billion by 2027, failing to raise forecasts amid intensifying competition in the AI semiconductor market. Broadcom projected third-quarter AI chip sales of around $16 billion, under analysts' $16.36 billion estimate. The company said it expects to deliver more than 10 gigawatts of AI computing capacity by 2027 but kept growth targets unchanged. Rising demand for custom AI chips and supply chain concerns remain key factors as Broadcom vies with rivals like Nvidia and Marvell for market share.

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Nasdaq Futures Slip Ahead of Open After Broadcom’s AI Move

4 June 2026
Broadcom plunged 12% in premarket trading after missing quarterly revenue expectations and disappointing on AI growth, threatening to erase over $285 billion in market value and dragging Nasdaq 100 futures down 1.23% as investors reassess sky-high expectations for tech stocks. (Reuters)
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