Broadcom

Broadcom Inc., headquartered in Palo Alto, California, is a global semiconductor and infrastructure software company formed on February 1, 2016, through the acquisition of Broadcom Corporation by Avago Technologies Limited. For the fiscal year ended November 3, 2024, the company reported $51.6 billion in net revenue, with AI-related revenue surging 220% year-over-year to $12.2 billion, fueled by custom AI accelerators and networking components for hyperscale data centers. The portfolio expanded significantly with the $69 billion acquisition of VMware, finalized on November 22, 2023, which added virtualization and cloud infrastructure software to existing enterprise assets from CA Technologies and Symantec. Broadcom matters right now because its Tomahawk and Jericho switch chips, combined with proprietary SerDes technology, provide the high-throughput, low-latency connectivity essential for scaling GPU and custom accelerator clusters, while its custom silicon development for Google’s TPU v4 and v5 pods makes it a primary supplier of the networking and compute infrastructure underpinning large-scale AI training.