Broadcom is a company that designs and develops semiconductor and infrastructure software products. Learn the latest information and analysis on the company, AVGO stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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Broadcom is a fabless company, i.e. it doesn’t have its own semiconductor foundry but outsources its production to TSMC. It offers products for data centers, networking, broadband and wireless, storage, and other markets.
Although the company’s earnings have been high, they also have high levels of debt. Analysts warn that their 2.66% of debt may not be sustainable, although the company’s earnings are expected to grow around 12% a year, which is a good sign that suggests the company should do well over time since they also sell infrastructure software solutions.
Broadcom is the second largest US semiconductor company, with a $246 billion market cap. The Broadcom stock price reached $677 in December 2021, and the current price of $600 may be a good bargain.
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