In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 countries.
Similarly What stock sector is Broadcom in? Key Data
| Label | Value |
|---|---|
| Exchange | NASDAQ-GS |
| Sector | Technology |
| Industry | Semiconductors |
| 1 Year Target | $700.00 |
What happened to Broadcom? SINGAPORE and IRVINE, Calif. , May 28, 2015 (GLOBE NEWSWIRE) — Avago Technologies Limited (Nasdaq:AVGO) and Broadcom Corporation (Nasdaq:BRCM) today announced that they have entered into a definitive agreement under which Avago will acquire Broadcom in a cash and stock transaction that values the combined company at …
Additionally, Does Intel own Broadcom?
Intel is all set to acquire Broadcom in order to prevent the American Semiconductor manufacture from getting into a merger deal with Qualcomm- all a part of a defensive strategy to prevent the creation of a powerhouse competitor.
Who are Broadcom competitors?
Competitors and Alternatives to Broadcom
- Cisco.
- SolarWinds.
- NETSCOUT.
- Nagios.
- Splunk.
- Riverbed.
- Dynatrace.
- Microsoft.
Is Broadcom a good stock to buy? Broadcom Inc. Currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
Why did Broadcom stock drop? Broadcom’s poor stock performance comes as the company faces slowing earnings growth in fiscal 2019. Analysts are looking for revenue growth in 2019 to slow to just 3%, down from over 17.6% this year. Meanwhile, earnings growth is forecast at only 3.5% in 2019.
Is Broadcom a good investment? Broadcom Inc. Currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
Does Apple use Broadcom?
Current Apple products include those parts from Broadcom and Skyworks, both of which have engineering offices in the area. Designing and manufacturing high-performance, reliable, power-efficient wireless radios is an incredibly specialized skill set that is in constant demand.
Is Broadcom a good company? Is Broadcom a good company to work for? Broadcom has an overall rating of 3.5 out of 5, based on over 3,583 reviews left anonymously by employees. 60% of employees would recommend working at Broadcom to a friend and 71% have a positive outlook for the business.
What does Avgo stand for?
Wikipedia. Avgo. Avgo (Greek: Αυγό, « egg »), is an uninhabited Greek islet, in the Aegean Sea, 30 km (19 mi) north of the eastern coast of Crete.
Who is Qualcomm biggest competitor? Qualcomm competitors include Google, Apple, NXP Semiconductors, Ericsson and Samsung. Qualcomm ranks 2nd in Gender Score on Comparably vs its competitors.
Who is Symantec’s biggest competitor?
Symantec competitors include Palo Alto Networks, Trend Micro, Microsoft, FireEye, Inc. and Check Point Software Technologies, Ltd..
Who acquired Broadcom?
Under the terms of the definitive agreement, Avago will acquire Broadcom for $17 billion in cash consideration and the economic equivalent of approximately 140 million Avago ordinary shares, valued at $20 billion as of May 27, 2015 , resulting in Broadcom shareholders owning approximately 32% of the combined company.
Why is Taiwan semiconductor stock down? Precipitous drop triggered by sustained sell-off due to investor concerns over war in Ukraine. TAIPEI (Taiwan News) — Share prices for Taiwan Semiconductor Manufacturing Corporation (TSMC) dove well below NT$600 (US$21.32) during Monday morning’s (March 7) trading session.
Will Broadcom increase dividend? « Consistent with our commitment to return excess cash to shareholders, we are increasing our target quarterly common stock dividend by 14 percent to $4.10 per share per quarter for fiscal year 2022, and announcing a new $10 billion share repurchase program. »
What kind of company is AVGO?
About Broadcom Inc
Broadcom Inc. is a technology company. The Company designs, develops and supplies a range of semiconductor and infrastructure software solutions. It operates through two segments: semiconductor solutions and infrastructure software.
Does Broadcom pay a dividend? The company’s next dividend payment will be US$4.10 per share, and in the last 12 months, the company paid a total of US$16.40 per share. Last year’s total dividend payments show that Broadcom has a trailing yield of 2.8% on the current share price of $592.76.
Does Broadcom make 5G chips?
In February 2019, Broadcom announced the completion of its 5G switching portfolio, designed to enable the deployment of end-to-end networks that consolidate all radio and fixed-line traffic onto a standard, Ethernet-based infrastructure.
Does Apple make microchips? Apple at WWDC 2020 announced plans to transition away from Intel chips to Macs built with its own Apple silicon chips starting in late 2020. Apple’s custom chips are Arm-based and are similar to the A-series chips used in iPhones and iPads, and Apple unveiled the first Apple silicon Macs in November 2020.
What does Broadcom make for Apple?
In early 2020, Apple and Broadcom reached a $15 billion supply agreement for wireless components that ends in 2023. Apple accounts for about 20% of Broadcom’s sales, according to data compiled by Bloomberg. Skyworks is even more dependent on Apple, which makes up nearly 60% of its revenue, the data shows.
