Summary: Several Broadcom Inc. insiders have been selling their stock over the past year, with the latest sale by Hock Tan being the biggest insider sale in the last year. Insiders did not buy any shares over the same period. Despite high insider ownership, the selling activity leaves room for caution for shareholders.
Full articleSummary: Broadcom, Charter Communications, and Comcast have announced a joint development of Unified DOCSIS chipsets enabling 25 Gbps speeds over existing networks, incorporating AI/ML capabilities, improving performance, reliability, and creating economies of scale.
Full articleSummary: Broadcom Inc. (AVGO) recently posted third quarter earnings that beat market expectations, but weaker-than-expected guidance for the fourth quarter led to a decline in stock value. Reports of a potential takeover bid at Intel also affected the stock, although analysts deemed it unlikely due to regulatory obstacles.
Full articleSummary: TD SYNNEX expands exclusive distribution agreement with Broadcom to include Symantec and Carbon Black portfolios in Latin America and the Caribbean (LAC) and North America. This move aims to streamline the purchasing process and enhance region-based support for both product portfolios.
Full articleSummary: Broadcom announced the general availability of Sian2, 200 Gbps per lane PAM-4 DSP PHY, which features 200G/lane electrical and optical interfaces. Sian and Sian2 DSPs enable pluggable modules with 200G/lane interfaces to connect next generation AI clusters.
Full articleSummary: Broadcom expands its Sian line of digital signal processors, introducing the Sian2 with 200 Gbps electrical performance optimized for AI clusters and high-speed optical links. The company aims to offer high performance while maintaining low latency, power consumption, and cost per bit.
Full articleSummary: Broadcom has realized value from shifting to a private cloud just three months after implementation with the help of VMware Professional Services, reducing the timeline for global data center transformation to 14 months.
Full articleSummary: William Blair analyst initiates coverage of Broadcom with an Outperform rating, forecasting strong AI revenue growth and overall steady growth in FY25 and FY26.
Full articleSummary: William Blair initiated coverage on Arm Holdings, Broadcom, and Nvidia with an Outperform rating.
Full articleSummary: Critical-severity vulnerability in VMware vCenter Server allowed remote code execution on unpatched servers; recently patched by Broadcom, VMware's parent company.
Full articleSummary: Market sentiment towards AI-themed growth stocks including Broadcom is negative as they are currently not favored.
Full articleSummary: Broadcom's fiscal third-quarter earnings report and guidance fell slightly short of expectations, causing the stock to drop by 9.7% on Friday. Despite solid results, the stock had already seen significant gains this year, leading to elevated expectations that were not fully met.
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