Broadcom, publicly owned and headquartered in the US, was founded in 1961, operates with approximately 24,050 employees, and reported $63.9B in revenue as of 2025. The company specializes in semiconductor manufacturing, designing, developing, and supplying semiconductor and infrastructure software solutions.
On March 21, 2026, Broadcom projected its artificial intelligence (AI) chip revenue to reach $100 billion, a forecast coinciding with multi-million dollar stock sales by several company executives between March 16 and March 20. These sales, reportedly for tax purposes, drew investor attention as the company reported strong data center demand driving growth but also faced margin pressure on its ambitious targets. Earlier the same day, the trade group CISPE, representing European cloud service providers, filed an antitrust complaint with the European Commission. The complaint accused Broadcom of abusing its market power by dismantling VMware's longstanding Cloud Service Provider (CSP) program, escalating Broadcom's overhaul of VMware's cloud partner ecosystem into a formal antitrust battle in Europe.
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