Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

Broadcom Is Tying CEO Compensation to AI Revenue. Does that Make AVGO Stock a Buy Here?

Broadcom (AVGO) has announced a stock-based compensation plan for its chief executive officer, Hock Tan, which effectively binds his payout to the company achieving ambitious AI milestones. 

Tan has received over 610,000 AVGO shares as part of his new contract, but they won’t fully vest unless the chipmaker generates at least $90 billion in AI revenue for any 12-month period between 2028 and 2030. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.