Broadcom: AI Boom and VMware Integration Drive Growth

Reading Time: 4 minutes
Broadcom is a semiconductor company that manufactures chips for Ethernet, WLAN, cable modems, DSL modems, and mobile phones. Broadcom has begun shipping a new version of its switch chips for data centers. This aims to make Broadcom play a bigger role in the booming AI market. The integration of VMware significantly strengthens Broadcom's software segment and offers great opportunities in private cloud and hybrid cloud strategies, leading to more stable, recurring revenues. Broadcom (NASDAQ: AVGO) is a global leader in...
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