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Broadcom hasn't become a household name like Nvidia, although it's still a giant. Broadcom's market capitalization is around $1.4 trillion, making it the seventh-largest company listed on a U.S.
Broadcom’s April-quarter revenue rose 20% year over year and 1% sequentially to $15.0 billion, while artificial intelligence chip revenue rose 46% year over year and 9% sequentially to $4.4 billion.
VMware refugees may find IBM mainframes cheaper than Broadcom’s licensing sideshow. Gartner vice-president analyst Alessandro Galimberti said that some VMware users should consider IBM big iron as a ...
With AI semiconductor revenue as the driving factor, Broadcom (AVGO) stock has trended higher by 56% in the last 52 weeks.
Broadcom currently trades at $294.40 and has been a dream stock for shareholders. It’s returned 767% since August 2020, blowing past the S&P 500’s 84.8% gain. The company has also beaten the index ...