Broadcom
AVGOVerifiedBroadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of semiconductor and infrastructure software products serving data center, networking, software, broadband, wireless, storage, and industrial markets. Headquartered in Palo Alto, California, with Tan Hock Eng as president and CEO, it derives about 58% of its revenue from semiconductors and 42% from infrastructure software products and services (as of 2025). Avago Technologies Limited changed its name to Broadcom to acquire Broadcom Corporation in January 2016; Avago's ticker AVGO now represents the merged entity, while the Broadcom Corporation ticker BRCM was retired. Initially known as Broadcom Limited, the company assumed its current name in November 2017. In December 2024, it became the 12th company to surpass a $1 trillion market cap, and in April 2026, it surpassed $2 trillion, becoming the sixth company in history to do so. As of 2026, amid the AI boom, Broadcom is one of the largest companies globally and could be considered part of Big Tech.
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