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The Latest Breaking News from Hock Tan

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.

Broadcom CEO acknowledges VMware-related “unease”

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.

Analysts reveal new Broadcom price targets after mixed earnings

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.

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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.

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.

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.

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.

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

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.

Broadcom Stock Gains As Q3 Earnings, Outlook Challenge Chip Sector Gloom

Broadcom Stock Gains As Q3 Earnings, Outlook Challenge Chip Sector Gloom

"While consumer IT hardware spending has been reported to be very weak, from our vantage point, infrastructure spend is still very much holding," said CEO Hock Tan.

Broadcom to buy VMware for $61 billion in record chip deal

Broadcom Inc. agreed to buy cloud-computing company VMware Inc. for about $61 billion, sealing one of the largest technology deals in history and advancing the chipmaker’s quest to become a force in corporate software.

Tribune News Service

Broadcom Reportedly in Talks to Snap Up VMWare

Broadcom Reportedly in Talks to Snap Up VMWare

That appetite for new companies had placed Broadcom into a chip company with almost every possible tool at its disposable.

Broadcom in talks to acquire cloud company VMware

Broadcom Inc. is in talks to acquire VMware Inc., the cloud-computing company backed by billionaire Michael Dell, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software.

Tribune News Service

VMware Stock Surges On Reports of Potential $50 Billion Broadcom Takeover

VMware Stock Surges On Reports of Potential $50 Billion Broadcom Takeover

Broadcom's acquisition march under CEO Hock Tan is reportedly set to continue with the potential $50 billion takeover of cloud software specialists VMware.

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