Since the takeover, Broadcom has laid off more than half of VMware's employees. The developer of virtualization software currently has around 16,000 employees. This was reported by the US business ...

Broadcom remains very bullish on its custom AI chip opportunity. The company is seeing strong AI revenue growth, while VMware is also performing well. The stock looks attractive given the ...

Broadcom has cut VMware's workforce by roughly half since acquiring the company in 2023. VMware had more than 38,000 employees in early 2023. That's down to about 16,000, two sources said. Wall ...

Broadcom's Q1'25 earnings led to an 8% stock surge as a result of durable growth in AI chips and emerging partnerships with hyperscalers. Despite market noise from Microsoft's data center lease ...

Broadcom Inc.’s latest earning and guidance should be welcome relief on Wall Street, given a tough recent stretch for the artificial-intelligence trade. The software and semiconductor company ...

Bottom line: Broadcom's acquisition of VMware has yielded impressive financial results, according to the company's recent quarterly earnings report. For the quarter ending February 2, Broadcom ...

Broadcom shares soared after the chipmaker topped quarterly estimates, highlighting strong AI-driven growth. Shares of Hewlett Packard Enterprise dropped after the IT services provider issued soft ...

(Reuters) -Broadcom's shares rose 6% on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following ...

To gain a panoramic view of Broadcom's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings ...

Broadcom (NASDAQ:AVGO) put forth a very strong guide for fiscal Q2 2025. The main takeaway is that AI demand is still strong, with AI revenues expected to grow by a further 45% y/y into next ...

(Reuters) -Broadcom's shares rose 6% on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following ...