Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a broad range of semiconductor and infrastructure software products, Broadcom’s product portfolio serves the data center, networking, software, broadband, wireless, and storage and industrial markets.
Tan Hock Eng is the company’s president and CEO. The company is headquartered in San Jose, California. Avago took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.
With the introduction of its AI networking chips, Cisco aims to challenge the dominance of Broadcom and Marvell by offering a unique blend of intelligence and versatility.
Given the significance of 5G technology in the advancement of consumer electronics and connectivity, Apple said it is spending tens of billions of dollars to develop this field in the US.
Apple has come under pressure in recent months as the pandemic forced store closures and ushered in a period of weaker consumer confidence, but some analysts seem upbeat about the company’s trajectory. AAPL stock price is rising.
