Broadcom, a publicly owned company headquartered in the US, was founded in 1961 and employs approximately 24,050 individuals. The company reported $63.9B in revenue as of 2025. Broadcom specializes in semiconductor manufacturing, designing, developing, and supplying semiconductor and infrastructure software solutions.
Broadcom could double its AI semiconductor revenue in 2027 and again in 2028, according to a September 11 report, positioning it as a significant player alongside competitors like Nvidia and AMD. On September 11, the company also faced scrutiny from European regulators regarding licensing changes introduced after its approximately $61 billion acquisition of VMware in November 2023. These changes, which reportedly increased prices by up to 1500%, led to questions about potential anti-competitive behavior, despite Broadcom's initial promise of simplification. Earlier on September 11, shares of Broadcom (AVGO) sold off following its third-quarter fiscal 2026 results, despite the company reporting record revenue, operating income, and free cash flow. This follows a September 10 report noting that some of Broadcom's custom data center accelerators can outperform Nvidia's latest chips in artificial intelligence (AI) workloads, with major buyers including OpenAI, Anthropic, Alphabet, and Meta Platforms.
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