BRCM - 7486608

YHD - YHD Delayed Price. Currency in USD
At close: 6:07PM EDT
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  • Reuters

    Broadcom earnings beat on strong demand for data centre products

    Chief Executive Officer Hock Tan said the first quarter of fiscal 2019 is expected to be "okay", in response to an analyst's question during the company's post-earnings call. Tan said he sees a seasonal "downtick" in its wireless business, which makes chips for smartphones including Apple Inc's (AAPL.O) iPhones. A handful of Apple suppliers have cut their forecasts for the December quarter, suggesting tepid demand for new iPhones.

  • Reuters

    Broadcom makes $1 billion patent claim against Volkswagen: Der Spiegel

    U.S. semiconductor supplier Broadcom (AVGO.O) has made a patent claim for more than $1 billion against Volkswagen (VOWG_p.DE) and is threatening to seek a judicial ban on the production of several car models, German magazine Der Spiegel said on Friday. A Volkswagen spokesman on Friday told Reuters that a legal action had been filed by Broadcom against the German carmaker over a patent issue without confirming the size of the claim. "Volkswagen has examined the claim and taken necessary action to protect its legal interests," the spokesman added.

  • Broadcom faces EU antitrust probe over market dominance 
    The Telegraph

    Broadcom faces EU antitrust probe over market dominance 

    Chip maker Broadcom has become the latest tech company to come under scrutiny from the European Commission, as the agency revealed it had begun a preliminary investigation into the firm's chip selling tactics.

  • Reuters

    Broadcom facing EU antitrust scrutiny over market dominance - Bloomberg

    The preliminary inquiry by the EU focuses on Broadcom's sales of chips in set-top box hardware used by the cable and satellite industry, Bloomberg reported, citing people familiar with the matter and a questionnaire issued by the European Commission. Broadcom's practices are also being examined by the U.S. Federal Trade Commission, the report added, citing one of the people.