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Broadcom Corporation was founded by professor-student pair Henry Samueli and Henry Nicholas from UCLA in 1991. In 1995 the company moved from its Westwood, Los Angeles office to Irvine, California. [1] In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 ...
Broadcom facility in Bangalore, India, as seen in 2019. On 28 May 2015, Avago announced that it would buy Broadcom Corporation [29] for $37 billion ($17 billion cash and $20 billion in shares). [30] The combined company, which would be named Broadcom Ltd., would have annual revenue of $15 billion and a market value of $77 billion. [31]
Henry Samueli (born September 20, 1954) is an American businessman and engineer. He is a co-founder of Broadcom Corporation, owner of the Anaheim Ducks of the National Hockey League (NHL), and a prominent philanthropist in the Orange County, California, community.
Broadcom’s sales of AI chips in fiscal 2023 were $4.2 billion, BofA Securities reports. The company expects AI chip sales will rocket to $12.1 billion this year and $16.9 billion next year.
Broadcom now expects full-year 2024 revenue at about $51 billion, including contribution from VMware, versus its prior forecast of about $50 billion. Analysts on average estimate $50.42 billion ...
Henry Thompson Nicholas III (born 1959) is an American businessman who is a co-founder of Broadcom Corporation, and former co-chairman of its board, president, and chief executive officer (CEO) of the company.
A 26% rally in Broadcom's stock in 2024, fueled largely by AI optimism, has come with high growth expectations for the Palo Alto, California-based company. The stock dipped more than 1% in after ...
Samueli is co-founder, chairman, and chief technology officer of Broadcom Corporation and a philanthropist in the Orange County community. He and his wife Susan donated $30 million to the school in 1999. [4] It was at UCLA that Dr. Henry Nicholas and Dr. Henry Samueli met and later formed Broadcom.