Broadcom Inc. (AVGO) Sector
Information Technology

(Current) $1483.50
-16.50 (-1.1%) Open Price: 1,461.03

 

Broadcom Inc. is a global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions. Founded in 1961 and headquartered in San Jose, California, the company has evolved into a major player in the technology industry, providing essential components and software for various applications across different sectors.

 

Broadcom's product portfolio encompasses a diverse array of offerings, including semiconductor chips for wireless communication, networking, storage, and industrial applications. The company's semiconductors power a wide range of electronic devices, from smartphones and data centers to automobiles and Internet of Things (IoT) devices, contributing to the connectivity and functionality of modern technology.

 

The company's expertise in wireless communication has been particularly notable. Broadcom's Wi-Fi and Bluetooth technologies have played a significant role in enabling wireless connectivity in a wide range of devices. Their solutions have become integral to the seamless communication between devices and networks, enhancing user experiences and productivity.

 

In addition to semiconductors, Broadcom provides infrastructure software solutions that help manage and optimize networks and data centers. These software offerings contribute to the efficient operation and management of complex IT environments, supporting businesses in their digital transformation and data-driven initiatives.

 

Broadcom's growth has also been driven by strategic acquisitions. The company has expanded its portfolio by acquiring other technology companies, enhancing its capabilities in areas such as cybersecurity, enterprise software, and data center solutions. These acquisitions have allowed Broadcom to provide more comprehensive offerings to its customers.

 



 

(06/11/24) $1,461.03
(06/12/24) $1,500.00
(06/12/24) (Qty.)1,026,395
(06/11/24) $1,416.23
(06/11/24) $1,465.01
(06/02/24) $1,302.53
(06/09/24) $1,505.80
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