Welcome to our dedicated page for Broadcom news (Ticker: AVGO), a resource for investors and traders seeking the latest updates and insights on Broadcom stock.
Broadcom Inc. (NASDAQ: AVGO) is a global technology company whose news flow reflects its role in semiconductors, enterprise software, and security solutions across cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software markets. News about Broadcom often highlights product launches, major customer collaborations, financial results, and capital markets activity that shape its position in AI infrastructure and connectivity.
Recent announcements have featured new Wi-Fi 8 chipsets and access platforms for residential and enterprise networks, designed to support AI-era edge connectivity with hardware-accelerated telemetry and low-latency performance. Broadcom has also introduced storage networking products such as Brocade Gen 8 Fibre Channel directors and switches aimed at mission-critical and enterprise AI workloads, emphasizing performance, security features, and AI-assisted management of storage networks.
On the data center networking side, Broadcom has reported new AI-focused Ethernet NICs and high-capacity switches, including an 800G AI Ethernet NIC and a 102.4-terabit-per-second Ethernet switch with co-packaged optics, both intended to support large-scale AI clusters with high bandwidth and improved power efficiency. These launches appear alongside strategic collaborations, such as a multi-year partnership with OpenAI to co-develop systems built around custom AI accelerators and Broadcom networking solutions, and agreements with enterprises adopting VMware Cloud Foundation for private cloud modernization.
Investors following AVGO news will also see regular coverage of Broadcom’s quarterly and annual financial results, dividend declarations, and debt offerings or redemptions disclosed through press releases and SEC filings. This news page aggregates such updates so readers can monitor Broadcom’s product roadmap, AI-related initiatives, customer partnerships, and financial milestones over time.
Broadcom (Nasdaq: AVGO) announced on September 13, 2021, the launch of Exchange Offers for eligible holders of its existing notes. The offers include up to $2.75 billion in new notes due 2035 and up to $2.25 billion in new notes due 2036, in exchange for outstanding notes. Eligible holders can receive a cash payment alongside the new notes, with an Early Participation Payment of $50 per $1,000 of existing notes. The Exchange Offers will close at midnight on October 8, 2021. The successful exchange is subject to certain conditions, including a minimum acceptance amount of $500 million in new notes.
Broadcom (AVGO) reported a strong Q3 FY 2021, achieving a 16% year-over-year revenue growth to $6.78 billion, alongside a 24% increase in operating profit. The company’s net income surged to $1.88 billion, with earnings per share (EPS) climbing to $4.20. Free cash flow was robust at $3.4 billion, representing 51% of revenue. For Q4 FY 2021, Broadcom expects revenue around $7.35 billion and plans to maintain a quarterly cash dividend of $3.60 per share, reflecting its solid financial position.
Broadcom Inc. (AVGO), a global technology leader, will report its third quarter fiscal year 2021 financial results and business outlook on September 2, 2021, after market close. A conference call is scheduled at 2:00 p.m. PT to discuss these results. Investors can access the call online or by phone. Broadcom is recognized for its semiconductor and infrastructure software solutions across critical markets, including data center, networking, and wireless technology.
Broadcom Inc. (AVGO) will host a webcast on July 21, 2021, at 9:00 a.m. PT to showcase its storage franchises. Key executives, including CEO Hock Tan and VP Jas Tremblay, will present. The event is part of a collaboration with Bernstein and will be available for 90 days post-event at investors.broadcom.com. Broadcom is a global leader in semiconductor and infrastructure software solutions, serving critical markets such as data center, networking, and storage.
Broadcom Inc. (NASDAQ: AVGO) has introduced innovative capabilities for Value Stream Management (VSM) within its ValueOps software portfolio. This integration merges Clarity and Rally software to streamline enterprise operations, enhancing collaboration, reducing cycle times, and improving product quality. According to Forrester, VSM enables organizations to identify waste and foster end-to-end visibility. Broadcom’s approach has positioned it as a leader in Agile planning tools, further affirmed by customer success stories from companies like Boeing. A virtual summit on June 23, 2021, will expand on these advancements.
Broadcom Inc. reported strong Q2 2021 results with net revenue of $6.61 billion, a 15% year-over-year increase, and semiconductor revenue up 20%. Net income surged to $1.49 billion or $3.30 per share. The company generated $3.4 billion in free cash flow, representing 52% of revenue. Looking ahead, Broadcom guides for Q3 revenue of approximately $6.75 billion and maintains a quarterly dividend of $3.60 per share, payable June 30, 2021.
Broadcom (AVGO) has expanded its portfolio of 100Gb, 200Gb, 400Gb, and 800Gb electro-optics solutions, targeting data centers and cloud networks. Key innovations include the industry's first 100Gb PAM-4 VCSEL, proven 112Gb PAM-4 PHY with direct-drive, and uncooled 100Gb PAM-4 EML. These solutions enable cost-effective network capacity enhancement to meet growing bandwidth demands. Broadcom's latest offerings will also be showcased at the 2021 Optical Fiber Communication Conference.
Broadcom (AVGO) has launched Adaptive Protection, a new feature within the Symantec Endpoint Security solution, leveraging advanced machine learning to enhance cybersecurity for enterprises. This solution offers customized protection for different environments, ensuring maximum productivity without disrupting user workflows. Adaptive Protection reduces configuration overhead and minimizes security incidents, making it a cost-effective option against sophisticated cyber threats. This launch is crucial as it addresses the evolving threat landscape, allowing enterprises to better defend against targeted attacks.
Broadcom Inc. (NASDAQ: AVGO) has launched Expert Advantage, a global channel services partner program designed to enhance customer success and growth in Broadcom Software solutions. This initiative expands the existing Advantage partner program, introducing a diverse network of specialized services partners aimed at supporting digital transformation and cyber security. The program promotes customer choice in selecting suitable partners and includes the Expert Advantage Partner Finder tool. Broadcom emphasizes its commitment to empowering partners for enhanced customer experiences and profitability.
Broadcom Inc. (NASDAQ: AVGO) has launched its Emulex Gen 7 LPe36000-series Host Bus Adapters, the first 64G Fibre Channel HBAs, significantly enhancing storage technology. This series promises improved performance with reduced query and application run times—87% faster for Oracle data warehousing and up to 38% quicker for storage migrations. Additionally, the latest Emulex SAN Manager 1.2 optimizes network performance and uptime, allowing for seamless transitions to NVMe over Fibre Channel without major upgrades.