Broadcom Inc
- Semiconductor shares plunged after a Bloomberg report suggested that President Joe Biden's administration is looking to impose a tougher penalty on companies sharing advanced technologies with China.
Nvidia declined 5.4% to $119.53, AMD dropped 7.1% to $165.03, ASML Holding plunged 10.9% to $953.52, and BE Semiconductor fell 5.7% to $174.45.
Taiwan Semiconductor decreased 7.2% to $172.66 after Republican Party U.S. President candidate and convicted felon said that Taiwan should pay the U.S. for defending the nation.
Jul 17, 2024 - Broadcom decreased 0.3% to $922.0 after the chipmaker reported better-than-expected quarterly results.
Revenue in the fiscal fourth quarter increased to $9.3 billion from $8.93 billion, net income advanced to $3.5 billion from $3.3 billion, and diluted earnings per share rose to $8.25 from $7.83 a year ago.
Semiconductor solution revenue increased 3% to $7.33 billion, and infrastructure revenue rose 7% to $1.97 billion.
The advanced chipmaker guided current fiscal year revenue of $50 billion.
Dec 8, 2023 - VMware Inc jumped 4.2% to $161.28 after Broadcom said it got the UK's Competition and Market Authority gave its final approval of the purchase of the cloud computing company.
Broadcom Inc jumped 2.4% to $845.25.
Aug 21, 2023 - Broadcom Inc increased 2.4% to $808.81 after the advanced chipmaker exceeded revenue and earnings expectations.
Revenue in the fiscal second quarter ending in April increased 8% to $8.7 billion from $8.1 billion and net income increased to $3.5 billion from %2.6 billion and diluted earnings per share rose to $8.15 from $5.93 a year ago.
The company announced a dividend of $4.60 per share payable on June 30 to stockholders of record on June 22.
The company guided fiscal third quarter revenue of $8.85 billion and adjusted operating income of 65% of projected revenue.
Jun 2, 2023 - Broadcom Inc said revenue in the fiscal year 2023 first quarter ended on January 29 increased 16% to $8.9 billion from $7.7 billion and net income increased 52% to $3.8 billion from $2.5 billion and diluted earnings per share rose to $8.80 from $5.50 in the previous year.
The advanced chipmaker forecasted fiscal second quarter revenue of $8.7 billion and adjusted EBITDA of 65% of projected revenue.
The company declared cash dividend of $4.60 a share payable on March 31 to shareholders on record on March 22.
Mar 2, 2023
| Year | Feb | May | Aug | Nov | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 8.80 | 8.15 | 7.74 | 8.29 | - | |
| 2022 | 5.59 | 5.93 | 7.15 | 7.86 | 26.53 | |
| 2021 | 3.05 | 3.3 | 4.2 | 4.45 | 15 | |
| 2020 | 0.74 | 1.17 | 1.45 | 2.97 | 6.33 | |
| 2019 | 1.12 | 1.64 | 1.71 | 1.96 | 6.43 | |
| 2018 | 14.62 | 8.33 | 2.71 | 2.78 | 28.44 | |
| 2017 | 3.19 | 3.31 | 3.73 | 4.17 | 14.4 | |
| 2016 | 2.22 | 2.13 | 2.47 | 3 | 9.82 | |
| 2015 | 1.99 | 1.96 | 2.05 | 2.33 | 8.33 | |
| 2014 | 0.53 | 0.61 | -0.65 | 0.50 | 0.99 | |
| 2013 | 0.50 | 0.45 | 0.56 | 0.68 | 2.19 | |
| 2012 | 0.50 | 0.54 | 0.58 | 0.63 | 2.25 | |
| 2011 | 0.48 | 0.54 | 0.57 | 0.60 | 2.19 | |
| 2010 | 0.16 | 0.37 | 0.50 | 0.66 | 1.69 | |
| 2009 | 0.03 | -0.14 | 0.01 | -0.10 | -0.2 | |
| 2008 | - | - | 0.20 | 0.00 | 0.38 | |
| 2007 | - | - | - | - | -0.74 |