The company has an established legacy business in network connectivity and is packed with AI growth potential. The market is ...

Broadcom shares were up 20% at $217.45 in Friday trading following its fourth-quarter earnings report, pushing its market ...

Broadcom makes processors across the networking, broadband, server storage, and wireless sectors, as well as owning software business VMware.

The recent narrowing in margins is largely due to the adjustments related to Broadcom's purchase of VMware and because it is investing heavily in innovation, not due to price sensitivity.

Broadcom is predicting a huge expansion in demand for chips that power AI - and the market, for now, is buying it all the way.