Broadcom (AVGO)’s CEO Hock Tan Has Clause In a Contract Extension, Reports Bloomberg

Broadcom Inc. (NASDAQ:AVGO) is one of the Best Stocks to Invest in for the Next 5 Years. On September 9, Bloomberg reported that Broadcom Inc. (NASDAQ:AVGO)’s CEO Hock Tan has a clause in a contract extension, which will bring hundreds of millions of dollars in stock compensation if the company reaches $120 billion in AI product sales by the year 2030. Bloomberg further highlighted that the executive will get 610,521 shares of Broadcom Inc. (NASDAQ:AVGO) if the AI revenue hits $90 billion by FY 2030. Furth ...