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The Latest Breaking News from Hock Tan

Analysts reset Broadcom stock forecast on AI update

This is what could happen next to Broadcom shares.

The Street

Analyst resets Broadcom stock price target, citing AI outlook

Here’s what could be next for Broadcom stock.

The Street

Analysts reboot Broadcom stock price target after earnings, bond sale

This is what could happen next to Broadcom shares.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

A $803 billion company most people have never heard of just knocked Tesla out of the Magnificent 7

Broadcom has flown under the radar for years, but it’s about to become a household name.

Fortune

VMware called out after apparently offering this major customer a huge price rise

AT&T is looking to migrate despite the anticipated $40-50 million cost thanks to VMware’s 1,050% price hike.

TechRadar

Chip market high isn't over says Broadcom CEO, with million-accelerator clusters on the horizon

Broadcom’s CEO anticipates ongoing AI chip demand as LLMs progress, with non-AI components recovering soon.

TechRadar

Broadcom fourth-quarter revenue falls short of expectations despite AI revenue rise

Broadcom’s revenue continues to grow thanks to AI, but other verticals could be to blame for a net loss.

TechRadar

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Analysts revisit Broadcom stock price targets after Q3 earnings

Broadcom's networking chips play a key role in the AI investment thesis.

The Street

Who Are The Top CEOs With The Highest Pay In The US And One Who Caps His To 5X His Company's Lowest Salary?

Dr. Bronner's, the soap company known for fair practices, caps CEO pay at just 5 times the lowest worker's wage.

International Business Times UK

How Does Your Pay Compare to Elon Musk’s?

Elon Musk's multibillion-dollar pay package puts inequality back in the spotlight.

Kiplinger

How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs

Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk’s record-setting Tesla compensation dwarfs them by comparison

The Independent UK

Analysts overhaul Broadcom stock price targets after earnings

Broadcom sees stronger AI-powered revenue growth over its fiscal second half.

The Street

VMware revenues appear to plummet, but Broadcom says everything is fine

VMware seems to report significant drop in quarterly revenue, but Broadcom’s CEO says that’s not the full picture.

TechRadar

CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbers

The typical compensation for CEOs of S&P 500 companies keeps climber higher — and outpacing the wages of average workers today

The Independent UK

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The Independent UK

CEOs made nearly 200 times what their workers got paid last year

Even with Covid wage rises, the gap between the person in the corner office and everyone else keeps getting wider

The Independent UK

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets

Barchart

2 Semiconductor Giants That Could Follow Nvidia With a Stock Split

After industry heavyweight Nvidia announced a 10-for-1 stock split, these high-priced semiconductor stocks could be the next names to follow suit.

TechRadar

Broadcom backs down on VMware pricing rules as EU begins investigation following complaints

Existing VMware customers with perpetual licenses will get some support, but Broadcom remains committed to subscriptions.

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news in one place.

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TechRadar

Broadcom CEO acknowledges VMware-related “unease”

Broadcom knows that its VMware changes have been pretty aggressive, but it’s all with good intention, says CEO Hock Tan.

The Street

Analysts reveal new Broadcom price targets after mixed earnings

The chip-equipment stalwart is set to capitalize on the huge wave of AI spending this year.

Fortune

Broadcom CEO tells VMWare workers to 'get butt back to office' after completing a $69 billion merger of the two companies

Broadcom CEO Hock Tan was unsparing in his expectations about remote work during a meeting with his new employees.

Fortune

Beijing could scupper another merger involving a US chips firm just as the Biden administration clamps down on China’s tech sector

A delay could be retaliation for new U.S. controls on sales of advanced AI chips to China.

The Street

Broadcom: AI Demand Seen Driving Revenue Gains, Earnings Top Forecasts

Q2 was driven by "demand for next generation technologies from hyperscale, while enterprise and service providers continued to sustain,' CEO Hock Tan said.

Tribune News Service

Apple plans to drop key Broadcom chip to use in-house design

Apple Inc.’s push to replace the chips inside its devices with homegrown components will include dropping a key Broadcom Inc. part in 2025, according to people familiar with the situation, dealing a blow to one of its biggest suppliers.

The Street

Broadcom Stock Jumps On Q4 Earnings Beat, Solid Near-Term Outlook

"Hyperscale spending continues strong, enterprise consumption continues strong and broadband deployment across North America, Europe and even parts of Asia continues their multiyear trend of growth," said CEO Hock Tan.

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