Por: MarketWatch Business December 08, 2023
The company said its semiconductor-solutions segment had revenue of $7.3 billion in the quarter, while the infrastructure software segment generated $2.0 billion. On the call with analysts and investors, CEO Hock Tan said generative AI-related demand is accelerating. The chip maker’s stock traded down as much as 2.3% to $901.15 shortly after the release Thursday. also gave guidance for fiscal 2024, projecting revenue of $50 billion, including... + full article
Ars Technica USA Tech December 02, 2023
Navigate Filter by topic Settings Front page layout Site theme - Dec 1, 2023 8:16 pm UTC VMWare Broadcom announced back in May of 2022 that and take on an additional $8 billion of the company's debt, and on November 22 of 2023 Broadcom said that . And it looks like... + más
VMware Investors Should Take Stock Option in Broadcom Deal | MarketWatch
VMware Stockholders Will Get a Windfall in Broadcom Merger | MarketWatch
MarketWatch USA Business November 22, 2023
It turns out the wait for Chinese approval of the deal was worth it. The vast majority of shareholders (ticker: VMW) will get a windfall thanks to the run-up in (AVGO) since the deal was announced. Broadcom is a chip and hardware company; VMware produces software. The from... + más
VMware Investors in Limbo as Broadcom Merger Awaits Chinese Approval | MarketWatch
WPLG Local 10 USA Tech November 22, 2023
SAN JOSE, Calif. – Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The company, based in San Jose, California, announced it planned... + más
MarketWatch USA Politics November 15, 2023
While the delay of the massive deal, first announced in May 2022, has hurt VMware’s shares , it has not hurt Broadcom . Last week, Broadcom closed at an all-time high of $957.52 and the stock is on track for its best year since 2014, having soared nearly 70% in 2023. And its... + más
MarketWatch USA Business November 14, 2023
Broadcom’s merger with (ticker: VMW), , is one of the largest technology deals ever and the value of the transaction has surged with (AVGO). The deal is now worth more than $80 billion, Barron’s estimates, up from the . All the deal needs to close is Chinese regulatory... + más
Wall Street Bets Broadcom May Extend Stock Election Deadline for VMware Holders in Merger | MarketWatch
New York Post USA Business May 23, 2023
Apple on Tuesday said it has entered a multibillion-dollar deal with chipmaker Broadcom to use chips made in the United States. Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several facilities,... + más
No, Broadcom And Hock Tan Aren’t Going To Raise Prices On VMware Products | Forbes
Broadcom Beats on Earnings and Gives Solid Guidance. The Stock Rises. | MarketWatch
Forbes USA Tech December 07, 2022
Hock TanBroadcom Last week, I penned my on Broadcom’s pending acquisition of VMware. Net-net, I encouraged any customers, ecosystem partners, and channel partners that weren’t sure of the deal to give it a second look if they haven’t checked in lately. I said Broadcom will... + más
Three top VMware executives to leave company | Fox Business
EU probes Broadcom's $61B VMware buy on competition concerns | ABC News
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