Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

News: Despite the Darvas Box breakout-failure, Pink bar warning signal, and significant red selling on Broadcom $AVGO, some investors seem to be ignoring the warning signs. One user closed their short puts, while another user blocked someone who had previously sought their advice and turned into a bear on the stock. The behavior of certain investors, including @Geestar, has raised eyebrows among the community. Additionally, there is speculation about the actions of another user, Magical Pomelo, who has seemingly changed their tune on the stock.