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Mike Blake - 3 Robin Grindley - 1 Grindley - 1 Max A - 1 Sonali Paul - 1 Hock - 1 Xi Jinping - 1 Joe Biden - 1
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Broadcom - 3 REUTERS - 3 Thomson - 3 Tech - 1 Trident - 1 Engineers - 1 VMware - 1 U.S - 1

Search resuls for: "Broadcom Limited"


5 mentions found


☆ Broadcom adds silicon AI features to speed new Trident networking chip
  + stars: | 2023-11-30 | by ( Max A. Cherney | ) www.reuters.com   time to read: +2 min
Devoting a portion of the silicon in Broadcom's Trident networking processors to AI improves the chip's efficiency and its ability to handle other tasks such as network security. The chip, called a Trident 5-X12, can help alleviate some of the network traffic congestion, Robin Grindley, an executive in Broadcom's Core Switching Group, said in an interview. The AI portion of the chip can be turned on after a customer builds an AI model based on the traffic in their data center. Once constructed, a form of the model is fed into the chip and it can help route the traffic. The new version of the Trident is built with 5 nanometer manufacturing technology and is currently shipping to "qualified" customers.
Persons: Mike Blake, Robin Grindley, Grindley, Max A, Sonali Paul Organizations: Broadcom, REUTERS, Tech, Trident, Engineers, Thomson Locations: Rancho Bernardo, California, San Francisco
☆ Broadcom closes $69 billion VMware deal after China approval
  + stars: | 2023-11-22 | by ( Harshita Mary Varghese | ) www.reuters.com   time to read: +2 min
Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake/File Photo Acquire Licensing RightsNov 22 (Reuters) - Broadcom (AVGO.O) on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware (VMW.N) after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's software business. However, the transaction faced tough regulatory scrutiny across the world and the companies had delayed the closing date three times. Big Tech mergers such as Microsoft's (MSFT.O) now-closed $69 billion purchase of the "Call of Duty" publisher Activision have faced heightened regulatory pressure from the U.S. Federal Trade Commission under its Chair Lina Khan.
Persons: Mike Blake, Hock, Xi Jinping, Joe Biden, Danni Hewson, AJ Bell, Cabot Henderson, Lina Khan, Harshita Mary Varghese, Sriraj Organizations: Broadcom, REUTERS, VMware, U.S, European Commission, Marvell Technology, Markets Authority, CMA, Activision, Big Tech, U.S . Federal Trade Commission, Thomson Locations: Rancho Bernardo, California, China
☆ Broadcom forecasts fourth-quarter revenue below Wall Street expectations
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: 1 min
The Broadcom Limited company logo is shown outside one of their office complexes in Irvine, California, U.S., March 4, 2021. REUTERS/Mike Blake Acquire Licensing RightsAug 31 (Reuters) - Broadcom (AVGO.O) forecast fourth-quarter revenue below Wall Street estimates on Thursday, on worries bleak enterprise spending and stiff competition in the networking chip space will outweigh benefits from a boom in artificial intelligence-led demand. The chip company expects current-quarter revenue to be about $9.27 billion. Analysts on average expect revenue to be $9.28 billion, according to Refinitiv data. Reporting by Chavi Mehta in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Blake, Chavi Mehta, Krishna Chandra Organizations: Broadcom Limited, REUTERS, Broadcom, Wall, Thomson Locations: Irvine , California, U.S, Bengaluru
☆ AI boost lifts Broadcom forecast amid lingering enterprise weakness
  + stars: | 2023-03-02 | by ( Chavi Mehta | ) www.reuters.com   time to read: +2 min
[1/2] The Broadcom Limited company logo is shown outside one of their office complexes in Irvine, California, U.S., March 4, 2021. REUTERS/Mike BlakeMarch 2 (Reuters) - Broadcom Inc (AVGO.O) forecast second-quarter revenue above estimates on Thursday, as increased investments in artificial intelligence spur demand for its chips used in data centers. Broadcom, which supplies chips used in data centers for networking and specialized chips that speed up AI work, expects networking revenue to grow 20% in the current quarter. While analysts spotted green shoots in the AI space, they also saw weaknesses emerge in areas such as broadband and cloud spending. The chip designer expects current-quarter revenue to be about $8.7 billion, while analysts on average expect $8.59 billion, according to Refinitiv data.
☆ Exclusive: Broadcom faces EU antitrust warning on $61 billion VMware deal - sources
  + stars: | 2023-02-27 | by ( Foo Yun Chee | ) www.reuters.com   time to read: +1 min
[1/2] The Broadcom Limited company logo is shown outside one of their office complexes in Irvine, California, U.S., March 4, 2021. REUTERS/Mike Blake/File PhotoBRUSSELS, Feb 27 (Reuters) - U.S. chipmaker Broadcom (AVGO.O) is set to receive an EU antitrust warning about the possible anti-competitive effects of its proposed $61 billion bid for cloud computing company VMware (VMW.N) in the coming weeks, people familiar with the matter said. The EU competition enforcer, which will decide on the deal by June 7, declined to comment. Broadcom said it will continue its "constructive work" with the Commission. Reporting by Foo Yun Chee, Editing by Louise Heavens and Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.
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