Broadcom Inc. (NASDAQ: AVGO)
Semiconductors · Palo Alto, CA, United States · Founded 1961
Broadcom designs semiconductors and infrastructure software used in data centers, networking, broadband, and wireless communications. If you've used Wi-Fi, watched cable TV, or connected to a corporate network, Broadcom chips were probably involved. CEO Hock Tan has built the company through relentless M&A, most recently the $61 billion acquisition of VMware in 2023. It's one of the largest chipmakers by revenue but flies under the radar compared to flashier names.
Roughly split between semiconductor solutions (networking chips, broadband, storage) and infrastructure software (VMware, CA Technologies, Symantec enterprise). The software side carries higher margins and provides recurring revenue. Broadcom is known for aggressive cost-cutting post-acquisition u2014 Hock Tan buys companies and immediately trims the fat.
The current Broadcom traces back to the semiconductor division of Hewlett-Packard, spun off as Agilent, then Avago Technologies. Avago acquired the original Broadcom Corporation for $37 billion in 2016 and took its name. The CA Technologies deal ($18.9 billion, 2018) and VMware deal ($61 billion, 2023) transformed it into a software-hardware hybrid. Hock Tan tried to buy Qualcomm for $117 billion in 2018 but was blocked by the Trump administration on national security grounds.
| Market Capitalization | $800.0B |
| Annual Revenue | $51.0B |
| Net Income | $14.0B |
| Profit Margin | 27% |
| Revenue per Employee | $1275000K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | AVGO |
Financial data is approximate and based on most recent annual filings.
Hock Tan is one of the highest-paid CEOs in America, with compensation packages exceeding $160 million in some years. Broadcom supplies custom AI chips to major hyperscalers, making it a stealth AI play. The company's ticker symbol was AVGO before and after the Broadcom name change u2014 they kept it.
Hock Tan's acquisition playbook is ruthlessly effective, and the VMware integration gives Broadcom a stranglehold on enterprise infrastructure u2014 but the strategy only works if there are always new targets to buy.
What is Broadcom Inc.'s revenue?
Broadcom Inc. generates approximately $51.0 billion in annual revenue.
How many employees does Broadcom Inc. have?
Broadcom Inc. employs approximately 40,000 people worldwide.
What is Broadcom Inc.'s market cap?
Broadcom Inc. (AVGO) has a market capitalization of approximately $800.0 billion on the NASDAQ.
When was Broadcom Inc. founded?
Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, CA, United States.
Who is the CEO of Broadcom Inc.?
Hock Tan is the current CEO of Broadcom Inc..
What is Broadcom Inc.'s website?
Broadcom Inc.'s official website is broadcom.com.
| CEO | Hock Tan |
| Sector | Technology |
| Industry | Semiconductors |
| Founded | 1961 |
| HQ | Palo Alto, CA |
| Country | United States |
| Website | broadcom.com |
See traffic, security, and technical data for Broadcom Inc.'s website:
📊 broadcom.com stats 📋 WHOIS 🌐 DNS 🔒 SSL