Which companies are on the high growth track in 5G wireless?
The company sees strong demand for its semiconductors from the adoption of 5G technology and a shift to hybrid work models.
The largest acquisition in the semiconductor industry's history faces stiff headwinds.
Company chart and information is provided by TradingView based on 15-minute-delayed data.
Broadcom--the combined entity of Broadcom and Avago--boasts a highly diverse product portfolio across an array of end markets. Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets. Legacy Broadcom targeted networking semiconductors, such as switch and physical layer chips, broadband products (such as television set-top box processors), and connectivity chips that handle standards such as Wi-Fi and Bluetooth. The company has acquired Brocade, CA Technologies, and Symantec's enterprise security business to bolster its offerings in infrastructure software.
| Website: | www.broadcom.com |
| Email: | investor.relations@broadcom.com |
| Main Phone: | +1 408 433-8000 |
| Address: | 1320 Ridder Park Drive |
| State: | CA |
| City / Town: | San Jose |
| Country: | US |
| Postal Code: | 95131-2313 |
| Exchange: | NGS |
| CEO: | Hock E. Tan |
| Employees: | 21000 |
| NAICS: | Semiconductor and Related Device Manufacturing(334413) |
Which companies are on the high growth track in 5G wireless?
The company sees strong demand for its semiconductors from the adoption of 5G technology and a shift to hybrid work models.
The largest acquisition in the semiconductor industry's history faces stiff headwinds.
The company forecast current quarter revenue to be $6.4 billion, plus or minus $150 million, up from analysts' estimates of $6.18 billion.
As state and federal leaders tussle over when and how fast to “reopen” the economy, some corporations are taking the first steps toward bringing their employees back to work.
While economists aren't forecasting a recession yet, defensive stocks are outperforming growth stocks.
Ford was likely the first of many Fortune 500 companies that will fall over the "BBB cliff" edge in the months ahead.
The U.S. ban on Huawei is having a larger impact on the company than we originally thought. Their forecasted revenue is now down 30 percent and things are just getting started in wireless.
Even in very strong bull markets it's perfectly normal to see the market pullback and digest a recent rally.
Stock in Broadcom (BRCM) rose 9.32 percent to $34.84 per share Monday after the company announced it would exit its struggling cellular baseband business. Hiring the investment banker JPMorgan
| Last Price N/A | Change $ N/A | Change % N/A | Tick N/A |
| Bid N/A | Bid Size N/A | Ask N/A | Ask Size N/A |
| Open N/A | High N/A | Low N/A | Prev Close N/A |
| Last Trade | Volume N/A | 52 Wk Hi N/A | 52 Wk Low N/A |
| Market Cap N/A | Ex-Div Date N/A | Div Rate N/A | Yield N/A |
| Shares N/A | EPS (TTM) N/A | PE Ratio N/A | Exchange N/A |
© 2022 Equities News | Equities.com, Inc.
* All dates and time are being displayed in Eastern Standard Time (EST).
