Broadcom Inc traded at $360.45 this Thursday July 2nd, decreasing $8.89 or 2.41 percent since the previous trading session. Looking back, over the last four weeks, Broadcom lost 24.79 percent. Over the last 12 months, its price rose by 30.99 percent. Looking ahead, we forecast Broadcom Inc to be priced at 352.92 by the end of this quarter and at 331.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Broadcom Inc. is a technology company. The Company designs, develops and supplies a range of semiconductor and infrastructure software solutions. It operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes semiconductor solution product lines, as well as its Internet protocol (IP) licensing. Its infrastructure software segment includes its mainframe, BizOps and cyber security software solutions, and its fiber channel storage area networking (FC SAN) business. It develops semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices and analog III-V based products. It provides semiconductor solutions for managing the movement of data in data center, telecom, enterprise, and embedded networking applications.