Company Research | Broadcom

December 14, 2023by Anton Tryhubchenko

Today, we’re going to talk about Broadcom, which has demonstrated one of the best results among the companies that published financial statements last week.

Broadcom published its latest report on December 7. Manufacturing costs make up 31% of the revenue structure and gross profit 69%. Over the past quarter, the company made a profit of $3.5B. And its market capitalization is now $441B.

Broadcom is one of the world’s largest semiconductor manufacturers, specializing in products for the wireless communications and software industries. On average, over the past 5 years, the company has registered more than 500 new patents annually.

Broadcom operates in the semiconductor industry. It was founded in 1991. In 1998, it was listed on NASDAQ, and in 2014 it was added to the S&P 500 index. For the past 17 years, the company has been headed by Hock Tan and a team of qualified managers.

The main competitors of Broadcom are Intel, Qualcomm and Micron Technology. As can be seen from the table above, Broadcom is ahead of its competitors in terms of capitalization, as it has a number of competitive advantages.

Broadcom’s strengths are based on research and development. Since its inception, the company has received 45K patents, 37% of which are registered in the United States. Broadcom has offices in 15 countries, and the demand for their products is growing steadily every year. However, despite this, the company strongly defends the right to intellectual property, and does not allow competitors to use its own developments.

Over the past 3 months, Broadcom stocks have risen by +10.1%. At the same time, the information technology sector, to which the company belongs, has grown by +7.2%, and the S&P 500 index by +3.3%. As you can see, Broadcom shares show better returns than the sector average.
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