Broadcom

Another giga acquisition on the way? Shares of Broadcom $AVGO-2.1% and VMware $VMW-5.0% are soaring after the European Commission approved the $61 billion merger.

The European Antitrust Commission first warned that VMware's acquisition by US chipmaker Broadcom would harm competition in the global market for FC HB), a type of storage adapter.

Broadcom

AVGO

$171.0 -$3.62 -2.07%

Market Cap

804B

P/E

79.70

Div. Yield

1.31%

EV

861B

P/S

14.74

Payout

100.79%

My favorite Broadcom $AVGO-2.1% company is about to rock 🔥.

US chipmaker Broadcom is set to get conditional EU antitrust approval for its proposed $61 billion acquisition of VMware!

Broadcom

AVGO

$171.0 -$3.62 -2.07%

Market Cap

804B

P/E

79.70

Div. Yield

1.31%

EV

861B

P/S

14.74

Payout

100.79%

A brief assessment by Chief Strategist Dave Sekera at Morningstar.

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Apple announces multi-billion dollar deal with Broadcom for chips made in the US

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