AVGOD Stock Price and Chart — BCBA:AVGOD

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Broadcom is finalizing its $69 billion purchase of VMware, advised by Kevin Brunner, the new global chair of investment banking and M&A at JPMorgan Chase.

Broadcom led gains among tech stocks on Wall Street, contributing to a recovery in the S&P 500 and Nasdaq indices amid a mixed batch of corporate earnings.

Broadcom's stock rose 1.9% in premarket trading, driven by positive sentiment in the semiconductor sector following Intel's strong performance and outlook on semiconductor demand.

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About Broadcom Inc.

Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductors and infrastructure software solutions. It operates through the Semiconductor Solutions and Infrastructure Software segments. The Semiconductor Solutions segment refers to product lines and intellectual property licensing. The Infrastructure Software segment relates to mainframe, distributed and cyber security solutions, and the FC SAN business. The company was founded in 1961 and is headquartered in Palo Alto, CA.

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