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Broadcom Inc. (AVGO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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487.80+1.01 (+0.21%)
At close: 4:00PM EDT
486.40 -1.40 (-0.29%)
After hours: 05:13PM EDT
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  • Broadcom Inc. (AVGO) Gains But Lags Market: What You Should Know
    Zacks

    Broadcom Inc. (AVGO) Gains But Lags Market: What You Should Know

    Broadcom Inc. (AVGO) closed at $486.79 in the latest trading session, marking a +0.44% move from the prior day.

  • Reuters

    Marvell Tech to acquire Innovium for $1.1 bln as it courts more cloud customers

    Marvell Technology Inc on Tuesday said it has agreed to acquire chip startup Innovium in a $1.1 billion all-stock deal aimed at bolstering Marvell's share of networking chips sold to large cloud-computing companies. Marvell's rival, Broadcom Inc, currently dominates the market for chips that go into the switches that help move digital information around inside massive data centers owned by cloud players like Amazon Web Services, Microsoft Corp and others. Marvell took a step toward getting into that market last year with its $10 billion purchase of Inphi Corp, whose chips help connect the switches with fiber optic cables.

  • Better Buy: Marvell Technology Group vs. Broadcom
    Motley Fool

    Better Buy: Marvell Technology Group vs. Broadcom

    Marvell Technology Group (NASDAQ: MRVL) and Broadcom (NASDAQ: AVGO) have delivered strong upside to investors in the past year thanks to catalysts such as the deployment of 5G wireless networks, increase in data center capacity, higher usage of chips in the automotive industry, and the booming demand for 5G smartphones. Samsung is using the chip platform to power its massive MIMO (multiple-input multiple-output) radios that are in tremendous demand in the 5G era.