Broadcom

The Thor Ultra will battle Nvidia's networking interface chips and aim to further entrench Broadcom's control of network communications inside data centers designed for AI applications

OpenAI, which helped commercialise generative AI capable of producing human-like responses to queries, relies on substantial computing power to train and run its systems

Any final deal - the value of which is unclear - would need approval from the Trump administration, which does not want Intel or its foundry division to be fully foreign-owned

The two tests, which have not been reported previously, indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' contract to Intel

Reportedly, Apple will replace Broadcom's Wi-Fi chips with an in-house solution on all iPhone 17 series models

Broadcom and TSMC are not working together, and all of the talks so far are preliminary and largely informal, the Wall Street Journal added

Big Tech's push to diversify beyond Nvidia's pricey and supply-constrained AI processors has been a windfall for Broadcom, which makes custom chips for major cloud companies

From acquisitions & mergers to resignations 2023 has been a year of significant milestones in the global corporate world. Here is a recap on all the major event that unfolded in 2023

Broadcom, whose other operations include making chips used by companies including Apple Inc. and Alphabet Inc.'s Google, will report earnings next week

VMware will now become the centerpiece of Tan's software operations

Computer chip and software maker Broadcom's USD 61 billion plan to buy cloud technology company VMware cleared another hurdle on Wednesday after Britain's competition regulator gave the deal provisional clearance. The Competition and Markets Authority said its investigation found the deal would not substantially reduce competition in the supply of hardware components for computer servers in the UK. The deal also would be unlikely to harm innovation, the regulator said. Thousands of British businesses and public bodies, including major banks, big retailers, telecom operators and government departments rely on Broadcom gear and VMware software, the regulator said. Both companies are based in California. The CMA will now seek feedback before issuing its final report September 12. The European Commission, the EU's executive arm and top antitrust enforcer, cleared the deal last week after Broadcom made concessions to address its concerns about competition. Broadcom wants to establish a

Computer chip and software maker Broadcom's USD 61 billion proposed purchase of cloud technology company VMware got the green light Wednesday from European Union regulators who were satisfied by concessions to ease competition concerns. The European Commission, the EU's executive arm and top antitrust enforcer, said Broadcom made comprehensive commitments to provide access and system connections to its only existing rival, Marvell, as well as any other potential future competitors. The commission said the concessions mean the deal would no longer raise competition concerns. The approval from the 27-nation bloc is conditional on Broadcom living up to its commitments for 10 years, with an independent trustee monitoring compliance. The commission had opened an in-depth investigation last year over worries that the combination of Broadcom hardware and VMware software could lock out rival technology. The deal still faces scrutiny elsewhere. Britain's competition regulator is carrying o

The European Commission's clearance is tied to Broadcom's interoperability remedies to rivals to address competition concerns, the people said

Broadcom shares were up 4.3% in premarket trading after the announcement. The chipmaker is already a major supplier of wireless components to Apple

The EU competition enforcer, which will decide on the deal by June 7

US chipmaker Broadcom offered 20 billion won ($15.8 million) worth of programmes to address concerns about its alleged violation of competition law, South Korea's antitrust regulator said on Monday

VMware shareholders will get $142.50 per share under the purchase, resulting in a premium of nearly 49% to the stock's close on May 22, when talks of the deal were first reported

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However, Alphabet and Google CEO Sundar Pichai saw a drop of 14% in his bonuses in 2020 and 2021

A US appeals court threw out a jury verdict ordering Apple Inc and Broadcom Inc to pay $1.1 billion to the California Institute of Technology for infringing its Wi-Fi technology patents