Broadcom's long and winding path to the trillion-dollar club, and how Trump played a role [MSNBC.com]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: MSNBC.com
President Donald Trump introduces Broadcom CEO Hock Tan prior to Tan announcing the repatriation of his company's headquarters to the United States from Singapore during a ceremony in the Oval Office of the , in Washington, DC, November 2, 2017.Getty ImagesWhenQualcommrejected the offerdeclaredIn March of that year, BroadcomwithdrewAs it turns out, Broadcom didn't need it.Broadcom sharessoared 24%Stock Chart IconStock chart iconBroadcom vs. QualcommAt the time of its announced acquisition effort, Broadcom's official headquarters was in Singapore, which played into the Trump administration's concerns. Broadcom filed toredomicileStill, Broadcom CEO Hock Tan wasn't deterred from taking big swings. Far from it.Broadcom has since closed three deals valued at $10 billion or more, and it has ventured far outside of its core semiconductor market in the process. Itagreed to acquireSymantecTan's biggest bet came in 2022, when Broadcomsaid it was buyingMicrosoft'sActivision Blizzardpurchase of E
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AVGO
News
- Broadcom Inc. (NASDAQ: AVGO) had its price target raised by analysts at Morgan Stanley from $233.00 to $265.00. They now have an "overweight" rating on the stock.MarketBeat
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AVGO
Earnings
- 12/12/24 - Beat
AVGO
Sec Filings
- 12/20/24 - Form 10-K
- 12/20/24 - Form 144
- 12/19/24 - Form 4
- AVGO's page on the SEC website