Broadcom, headquartered in Palo Alto, California, offers semiconductor and infrastructure software solutions, employing 20,000 people since its IPO on August 6, 2009. Its products serve various markets, including cloud and enterprise software.
AVGO has been in the news recently: Broadcom Inc's stock rose following positive quarterly results from Nvidia Corp, which beat earnings expectations. In contrast, Salesforce's shares fell 5% despite exceeding first-quarter estimates and raising its full-year outlook.
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