Broadcom(US:AVGO) ZACKS·2025-11-28 13:30Company Overview - Broadcom Inc. is a leading designer, developer, and global supplier of a wide range of semiconductor devices, focusing on complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices and analog III-V based products [3] - The company is headquartered in San Jose, CA, and its semiconductor solutions are utilized in various end products, including enterprise and data center networking, home connectivity, smartphones, and electronic displays [4] Business Segments - Broadcom operates through two main reporting segments: Semiconductor solutions, which accounted for 59% of fiscal 2024 revenues, and Infrastructure software solutions, which made up 41% of revenues [7] - The Infrastructure software segment includes mainframe, BizOps, cyber security software solutions, and FC SAN businesses [7] Financial Performance - Broadcom reported revenues of $51.574 billion in fiscal 2024 [7] - A $1,000 investment made in November 2015 would be worth $30,572.90 by November 28, 2025, reflecting a gain of 2,957.29%, excluding dividends [9] Market Position and Competition - Broadcom faces significant competition in the semiconductor solutions market from companies such as Intel, Qualcomm, and Texas Instruments [8] Growth Drivers - The company is experiencing strong momentum driven by growth in AI semiconductors and successful integration of VMware, with AI revenues expected to increase by 66% year over year to $6.2 billion in the fourth quarter of fiscal 2025 [12] - More than 90% of Broadcom's largest 10,000 customers have adopted VMware Cloud Foundation (VCF) [12] Stock Performance - The stock has increased by 5.60% over the past four weeks, with no earnings estimates declining in the past two months [13]