Broadcom Ltd is a global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions. The company specializes in producing chips that facilitate communication and data processing across various devices and networks, including those used in smartphones, enterprise storage systems, broadband access, and data centers. Additionally, Broadcom offers software solutions that enable businesses to optimize their operations, manage network security, and enhance performance across cloud-based and on-premises environments. Through its comprehensive portfolio, Broadcom plays a critical role in advancing connectivity and computing technologies in various industries. Read More
Fabless chip and software maker Broadcom (NASDAQ:AVGO) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 20.2% year on year to $15 billion. The company expects next quarter’s revenue to be around $15.8 billion, close to analysts’ estimates. Its non-GAAP profit of $1.58 per share was in line with analysts’ consensus estimates.
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The strategic partnership between the two firms will create an international tissue and professional products company, in which Kimberly-Clark will hold a 49% interest, while Suzano will hold the remaining 51%.
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