Broadcom is predicting a huge expansion in demand for chips that power AI – and the market, for now, is buying it all the way.
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Apple’s push to replace the chips inside its devices with homegrown components will include dropping a key Broadcom part in 2025.
Long before Broadcom sealed a deal to buy VMware for $61-billion on Thursday, it eyed the company secretly from a distance.
Broadcom has agreed to buy cloud computing company VMware for about$61-billion in one of the largest technology deals of all time.
Broadcom has agreed to buy Symantec’s division that serves business customers for $10.7-billion in cash, adding software designed to keep hackers out of corporate systems.
Broadcom is in advanced talks to buy cybersecurity firm Symantec, according to people familiar with the matter, seeking a further expansion into the more profitable software business.
Broadcom has formally abandoned its attempt to acquire rival chip maker Qualcomm after US President Donald Trump blocked the deal citing national security risks.
“Although we are disappointed with this
US President Donald Trump issued an executive order on Monday blocking Broadcom from pursuing its hostile takeover of Qualcomm, scuttling a US$117bn deal that had been scrutinised by a secretive panel over the