CEO said Big Tech groups are ‘investing full tilt’ as US chipmaker soars to more than $1tn valuation

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Broadcom chief Hock Tan says AI spending frenzy to continue until end of decade

Broadcom CEO Hock Tan.Ying Tang/NurPhoto via Getty ImagesBroadcom's CEO says he's too busy riding the AI wave to consider a takeover of rival Intel.In an interview with the Financial Times, Hock Tan said he had no interest in "hostile takeovers."Broadcom has soared to a $1 trillion market capitalization for the first time thanks to the AI boom.The chief executive of $1 trillion AI chip giant Broadcom has dismissed the prospect of a takeover bid …

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Broadcom's CEO plays down an Intel bid: 'No hostile offers'

Nikkei Inc.

Ingram Micro the latest to ditch VMware, but VMware’s still making money.

Ars Technica

Advance Publications

As firms abandon VMware, Broadcom is laughing all the way to the bank

How Broadcom's AI revenue grew 220% to $12.2 billion.

Techzine Europe

Broadcom: All roads lead to computer chips

Another company has publicly cut ties with Broadcom's VMware. This time, it's Ingram Micro, one of the world's biggest IT distributors. The announcement comes as Broadcom eyes services as a key part of maintaining VMware business in 2025. But even as some customers are reducing reliance on VMware, its trillion-dollar owner is laughing all the way to the bank. IT distributor severs VMware ties Ingram is reducing its Broadcom-related business to "…

technewstube.com

Ingram Micro the latest to ditch VMware, but VMware's still making money. Another company has publicly cut ties with Broadcom's VMware. This time, …
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Phil's Stock World

Ingram Micro joins the list of companies that is tired of dealing with Broadcom’s handling of the VMware acquisition, saying it will no longer do business with the company. Broadcom completed its acquisition of VMware in November 2023, and immediately began raising prices and ending perpetual licensing. In some cases, the price hikes bordered on the absurd, with AT&T accusing the company of trying to raise prices by 1,050% and the Beeks Group mi…

WebProNews

Broadcom Loses Ingram Micro As a Distribution Partner

Artificial intelligence (AI) has fundamentally reshaped the technology landscape, with Silicon Valley's titans investing heavily in this burgeoning field. At the forefront is Broadcom (AVGO), whose strategic pivot towards AI has catapulted its valuation beyond the $1 trillion mark, highlighting its significant impact on the industry. Broadcom CEO Hock Tan…

Broadcom chief Hock Tan says AI spending frenzy to continue until end of decade

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