Following the lead of companies like Chipotle and Nvidia, Broadcom Inc. is splitting its stock to increase investor appeal, especially with shares priced over $1,000, aiming to outperform the market post-split.
Broadcom Inc., since the merger in 2016, has seen significant growth, with revenue surging, generating over $4 billion in free cash flow in Q2, and displaying a strong competitive edge through high gross margins.
The company provides semiconductor devices for various sectors globally, showcasing a broad range of applications from networking and smartphones to energy systems and displays, demonstrating its diverse market presence and technology offerings.
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