About the Company
Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets. As of 2024, some 58 percent of Broadcom's revenue came from its semiconductor-based products and 42 percent from its infrastructure software products and services. Tan Hock Eng is the company's president and CEO. The company is headquartered in Palo Alto, California. Avago Technologies Limited changed its name to Broadcom to acquire Broadcom Corporation in January 2016. Avago's ticker symbol AVGO now represents the merged entity. The Broadcom Corporation ticker symbol BRCM was retired. Initially the merged entity was known as Broadcom Limited, before assuming the current name in November 2017. In October 2019, the European Union issued an interim antitrust order against Broadcom concerning anticompetitive business practices which allegedly violate European Union competition law. In May 2022, Broadcom announced an agreement to acquire VMware in a cash-and-stock transaction valued at $69 billion. The acquisition was closed on November 22, 2023. Amid the AI boom, the company's market capitalization exceeded US$1 trillion for the first time in December 2024, making Broadcom one of the most valuable companies in the world.
Exchange
Nasdaq
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest News on Broadcom Inc.
Broadcom's AI Push Gains Speed With Microsoft, Meta, And Apple Pouring Billions Into Data Infrastructure
Broadcom Inc. (NASDAQ:AVGO) is riding the artificial intelligence boom as soaring Big Tech investments in data infrastructure ...
Investors Heavily Search Broadcom Inc. (AVGO): Here is What You Need to Know
Broadcom Inc. (AVGO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider ...
Is It Worth Investing in Broadcom Inc. (AVGO) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about ...
Those who invested in Broadcom (NASDAQ:AVGO) five years ago are up 932%
Buying shares in the best businesses can build meaningful wealth for you and your family. While the best companies ...
Mix of Bullish Forces Boosted Broadcom (AVGO) in Q2
Baron Funds, an investment management company, released its “Baron Opportunity Fund” second-quarter 2025 investor letter. A ...
Broadcom Leverages Apple Partnership to Justify Valuation Premium
The two firms announced a multi-year, multibillion-dollar agreement back in 2023 for Broadcom to supply these components. Although Apple has worked to move away from Broadcom as a supplier of other ...
What's Going On With Broadcom Shares Today?
Broadcom shares are trading lower Tuesday, taking a pause after a strong rally that has seen the stock climb nearly 29% ...
Broadcom Shares Rise 2.2% After key Trading Signal
Broadcom shares flashed a key trading signal -a Power Inflow alert - at a price of $306.41, after which AVGO rose up to 2.2%.
Broadcom Inc. stock rises Wednesday, outperforms market
Broadcom Inc. closed $59.63 short of its 52-week high ($645.31), which the company achieved on March 29th. The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA ...
Broadcom Inc. stock rises Wednesday, outperforms market
Shares of Broadcom Inc. AVGO inched 0.60% higher to $574.44 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.61% to ...
Similar Companies
Loading the latest forecasts...