Broadcom: Will Be A Different Company In 2024

Justin SullivanThe Broadcom Investment Thesis  Broadcom Investor PresentationAfter Broadcom Inc. (NASDAQ:AVGO) benefited from the market environment in 2023, 2024 will be the year of transformation for the company. With the acquisition of VMware (VMW) finally approved, a new era begins. Prior to 2024, sales were 79% semiconductor or hardware and only 21% software, but with the new acquisition, the projection for 2024 is that software will be 40%. And that is the turning point. Prior to the VMware deal,  ...