US11135F1012 - Common Stock
944.3 +22.04 (+2.39%)
After market: 945.24 +0.94 (+0.1%)
NASDAQ:AVGO (12/8/2023, 7:00:01 PM)After market: 945.24 +0.94 (+0.1%)
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Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductor and infrastructure software solutions. The company is headquartered in San Jose, California and currently employs 20,000 full-time employees. The company went IPO on 2009-08-06. Its segments include semiconductor solutions and infrastructure software. The semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. Its infrastructure software segment includes its mainframe, distributed and cyber security solutions, and its fiber channel storage area networking (FC SAN) business. The company provides a variety of radio frequency semiconductor devices, custom touch controllers, and inductive charging solutions for mobile applications. The Company’s solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Its product portfolio serves markets, such as cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software.
1320 Ridder Park Drive
San Jose CALIFORNIA 95131
CEO: Hock E. Tan
Treasury yields and crude oil came off multimonth lows on Friday's jobs report.
Broadcom's (AVGO) fourth-quarter fiscal 2023 results benefit from strong demand for networking and generative AI solutions.
The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.
Summit Insight Group analyst Kinngai Chan upgraded Broadcom stock to Buy from Hold.
Broadcom (AVGO), DocuSign (DOCU), Carrier Global (CARR) and First Solar (FSLR) are the stocks to watch on Friday.
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