# Broadcom

> American semiconductor company

**Wikidata**: [Q790060](https://www.wikidata.org/wiki/Q790060)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Broadcom)  
**Source**: https://4ort.xyz/entity/broadcom-q790060

## Summary

Broadcom is a public company headquartered in Palo Alto[1]. It was founded by Hewlett-Packard.

## Summary
Broadcom Inc. is an American semiconductor and infrastructure software company founded in 1961. Originally established as a division of Hewlett-Packard, the firm has evolved through several identities, including Agilent Semiconductor Products Group and Avago Technologies, before adopting its current name in 2018. Headquartered in Palo Alto, California, it is a major component of the Nasdaq-100 and S&P 500 indices, specializing in the design and supply of semiconductor products.

## Key Facts
- **Official Name:** Broadcom Inc. (formerly Avago Technologies and Agilent Semiconductor Products Group).
- **Founding:** Founded in 1961 by Hewlett-Packard; originated as HP Associates.
- **Leadership:** Tan Hock Eng has served as President and CEO since March 2006; Henry Samueli serves as Chairman.
- **Headquarters:** Palo Alto, United States.
- **Financials (Fiscal 2023):** Reported revenue of $35.819 billion and a net profit of $14.082 billion.
- **Stock Market:** Publicly traded on Nasdaq under the ticker symbol AVGO; part of the S&P 500 and Dow Jones Global Titans 50.
- **Employees:** Approximately 20,000 employees as of October 2023.
- **Subsidiaries:** VMware (acquired November 2023).
- **Industry:** Semiconductor industry.

## FAQs
### Q: Who is the CEO of Broadcom?
A: Tan Hock Eng has served as the Chief Executive Officer and President of Broadcom since March 2006.

### Q: What companies were previously part of Broadcom?
A: The entity currently known as Broadcom was previously known as Avago Technologies (2005–2016), Agilent Semiconductor Products Group (1999–2005), and HP Associates (1961–1999).

### Q: Is Broadcom an American company?
A: Yes, Broadcom is an American semiconductor company headquartered in Palo Alto, United States, though it also maintains a country listing for Singapore.

### Q: When did Broadcom acquire VMware?
A: Broadcom acquired VMware as a subsidiary starting in November 2023.

## Why It Matters
Broadcom represents a distinct lineage in the technology sector, tracing its roots back to the founding of HP Associates in 1961. Unlike many startups, it emerged from the R&D labs of Hewlett-Packard and survived the spinoff into Agilent, followed by a private equity buyout and an IPO as Avago Technologies. This transformation allowed it to consolidate a vast portfolio of semiconductor and infrastructure software assets.

The company plays a critical role in the global hardware supply chain, producing essential components for data centers, networking, and consumer electronics. Its inclusion in major indices like the S&P 500 and the Dow Jones Global Titans 50 underscores its financial weight and market influence. The acquisition of VMware in 2023 further signifies a strategic expansion beyond pure hardware into infrastructure software, positioning Broadcom as a comprehensive provider for enterprise IT environments.

## Notable For
- **Corporate Lineage:** Direct descendant of Hewlett-Packard's original semiconductor division founded in 1961.
- **Financial Performance:** High profitability with a net profit of over $14 billion in fiscal year 2023.
- **Leadership Stability:** Led by CEO Tan Hock Eng since 2006, a notably long tenure in the tech industry.
- **Major Acquisitions:** Successfully integrated major entities such as the original Broadcom Corporation and VMware.
- **Index Membership:** A constituent of the Nasdaq-100, S&P 500, and Dow Jones Global Titans 50.

## Body

### Corporate History and Identity
Broadcom Inc. operates as a successor to a long line of technology entities. The company's inception dates back to 1961, when it was founded by Hewlett-Packard as **HP Associates**. It operated under this name until 1999, when it was spun off as the **Agilent Semiconductor Products Group**.

In 2005, the division was sold to private equity firms and became **Avago Technologies**. The company eventually acquired the original Broadcom Corporation in 2016 and adopted the name **Broadcom Limited**. The current legal name, **Broadcom Inc.**, was adopted in 2018.

### Leadership and Governance
The company is led by **Tan Hock Eng** (often referred to as Hock Tan), who has served as the Chief Executive Officer and President since March 2006. The Chairman of the Board is **Henry Samueli**, a co-founder of the original Broadcom Corporation, who has held the position since December 2018.

The board of directors includes several high-profile members:
*   **Diane Bryant** (joined Jan 2019)
*   **Gayla J. Delly** (joined 2017)
*   **Kenneth Y. Hao** (joined Feb 2024)
*   **Eddy Hartenstein** (joined 2016)
*   **Justine F. Page** (joined June 2019)

### Financial Performance
Broadcom has demonstrated significant financial growth over recent fiscal years.
*   **2023 (Fiscal Year ending Oct 29):** Revenue reached **$35.819 billion**, with a net profit of **$14.082 billion** and operating income of **$16.207 billion**. Total assets were reported at **$72.861 billion**.
*   **2022 (Fiscal Year ending Oct 30):** Revenue was **$33.819 billion** with a net profit of **$11.495 billion**.
*   **2021 (Fiscal Year ending Oct 31):** Revenue stood at **$27.45 billion**, with a net profit of **$6.736 billion**.

### Market Presence and Operations
Broadcom is listed on the **Nasdaq** stock exchange under the ticker symbol **AVGO**. It is recognized as a **public company** and is a component of major market indices including the **S&P 500** and the **Dow Jones Global Titans 50**.

While currently headquartered in **Palo Alto**, United States, the company maintains historical ties to **Singapore**. The company employs approximately **20,000 people** globally as of late 2023.

### Subsidiaries and Products
The company operates primarily in the **semiconductor industry**, producing integrated circuits and related products. A significant expansion of its business occurred in **November 2023**, when **VMware** became a subsidiary. This acquisition added substantial infrastructure software capabilities to Broadcom's existing hardware portfolio.

### Technical Identifiers
Broadcom maintains various technical and regulatory identifiers:
*   **ISIN:** US11135F1012
*   **CIK (SEC):** 0001730168
*   **USB Vendor ID:** 0a5c
*   **PNP Vendor ID:** BCM

## References

1. [BROADCOM INC.2023 ANNUAL REPORT ON FORM 10-K. Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/1730168/000173016823000096/avgo-20231029.htm)
2. [proxy statement](https://www.sec.gov/Archives/edgar/data/1730168/000114036124009541/ny20015852x1_def14a.htm)
3. GRID Release 2017-01-10
4. [Financial Times](https://markets.ft.com/data/etfs/tearsheet/holdings?s=EXI2:GER:EUR)
5. [Source](https://www.sec.gov/Archives/edgar/data/1730168/000119312518343743/d665420d8k.htm)
6. Google Knowledge Graph
7. [Broadcom Inc. Annual Report 2021 SEC 10-K](https://investors.broadcom.com/static-files/4c92b205-21bd-432f-a6e1-5e88ae03067b)
8. [Source](http://km.aifb.kit.edu/services/crunchbase/)
9. [BROADCOM INC.2023 ANNUAL REPORT ON FORM 10-K. Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/1730168/000173016823000096/avgo-20231029.htm#i4a92367b39c4482ea3f436a61c5b2dad_199)
10. [Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results and Quarterly Dividend. 2022](https://investors.broadcom.com/news-releases/news-release-details/broadcom-inc-announces-fourth-quarter-and-fiscal-year-2022)
11. [Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2020 Financial Results and Quarterly Dividends. 2020](https://investors.broadcom.com/news-releases/news-release-details/broadcom-inc-announces-fourth-quarter-and-fiscal-year-2020)
12. GRID Release 2016-12-06
13. [Source](https://www.sec.gov/Archives/edgar/data/1730168/000119312519008372/d691429d8k.htm)
14. [Source](https://www.sec.gov/Archives/edgar/data/1730168/000114036124009541/ny20015852x1_def14a.htm)
15. [Source](https://www.sec.gov/Archives/edgar/data/1730168/000114036124006724/ef20021201_8k.htm)
16. [Source](https://www.sec.gov/Archives/edgar/data/1730168/000119312519172516/d763344d8k.htm)
17. [Source](https://www.sec.gov/Archives/edgar/data/1730168/000119312519004970/d673020d8k.htm)
18. Aligned ISNI and Ringgold identifiers for institutions
19. [Source](https://tools.wmflabs.org/whois/gateway.py?lookup=true&ip=135.141.0.0)
20. [Source](https://tools.wmflabs.org/whois/gateway.py?lookup=true&ip=135.142.0.0)
21. YouTube API
22. Wikirate