Yahoo Finance [Yahoo! Finance]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: Yahoo! Finance
In an interview with the Financial Times, Hock Tan said he had no interest in "hostile takeovers." Broadcom has soared to a $1 trillion market capitalization for the first time thanks to the AI boom. The chief executive of $1 trillion AI chip giant Broadcom has dismissed the prospect of a takeover bid for struggling rival Intel. In an interview with the Financial Times , Hock Tan said that he has his "hands very full" from riding the AI boom, responding to rumors that his company could make a move for its Silicon Valley rival. "That is driving a lot of my resources, a lot of my focus," Tan said, adding that he has "not been asked" to bid on Intel. The Broadcom boss is also adopting a "no hostile takeovers" policy after Donald Trump blocked his company's offer for Qualcomm in 2018 on national security grounds. Broadcom was incorporated in Singapore at the time. "I can only make a deal if it's actionable," Tan told the FT. "Actionability means someone comes and asks me. Eve
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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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- Better Semiconductor Stock: AMD vs. Broadcom [Yahoo! Finance]Yahoo! Finance
- Why This AI Company Could Be the Best Stock-Split Buy Heading Into 2025 [Yahoo! Finance]Yahoo! Finance
- This Is Not Broadcom’s ‘Nvidia Moment’ Yet [Forbes]Forbes
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