Broadcom Inc logo

Broadcom Inc

22
9
NAS:AVGO (USA)  
$ 1258.16 +19.59 (+1.58%) 09:45 AM EST
46.63
P/B:
8.29
Market Cap:
$ 583.06B
Enterprise V:
$ 639.89B
Volume:
208.99K
Avg Vol (2M):
3.18M
Also Trade In:
Volume:
208.99K
Avg Vol (2M):
3.18M

Business Description

Description
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.