Broadcom shares rallied after the company posted strong first-quarter earnings and guidance and signaled ongoing AI demand.

Broadcom said it recorded $4.1 billion in AI revenue during the first quarter, which is 77% higher on a year-over-year basis.

Shares of Broadcom (NASDAQ: AVGO) are up more than 780% in the last five years, pole-vaulting its market cap to over $900 ...

The top lawyers for Broadcom Inc. and Hewlett Packard Enterprise Co. received big increases in their total compensation last ...

Broadcom Inc. shares have decreased 23% since the beginning of the year, while the S&P's 500 index has declined slightly more than 2%. In the final minutes of trading on Thursday, shares hit $179.45, ...

Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software. Market Capitalization ...

A pair of Valley economic leaders weighed in on recent reports big changes might be in the works for how one of the region’s ...

The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.

Recently, deals have been software-focused (Broacade, CA, Symantec, and VMware). We believe that up to this point, Broadcom has bought niche, but moaty software businesses that have augmented the ...

As discussed in my previous articles, Broadcom acquired several legacy software companies such as CA and Symantec. The growth assumption in my model aligns with their historical average growth trend.