Broadcom had another solid quarter and surpassed Wall Street expectations on the revenue front as well as the earnings front. Its core semiconductor solutions business continued to benefit from the global shortage with and its revenue grew 19% year-on-year to nearly $5 billion. This is expected to be a key driver in the coming quarters as well. The company’s infrastructure software revenue increasing 10% year-on-year was also a big positive. The demand for Broadcom’s offerings continued to be s ....

16 Sep 2021
Broadcom Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21

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Broadcom Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
- Published:
16 Sep 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
Broadcom had another solid quarter and surpassed Wall Street expectations on the revenue front as well as the earnings front. Its core semiconductor solutions business continued to benefit from the global shortage with and its revenue grew 19% year-on-year to nearly $5 billion. This is expected to be a key driver in the coming quarters as well. The company’s infrastructure software revenue increasing 10% year-on-year was also a big positive. The demand for Broadcom’s offerings continued to be s ....