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. is expected to exceed analyst expectations in its upcoming second-quarter financial results, following a significant rise in its stock price, which increased nearly 8% in June and 40% over the past three months. Additionally, analysts express skepticism about Ciena's future performance against competitors like Broadcom and Marvell Technology.
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