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by bgnn
853 days ago
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it's because of the CEO Hock Tan. Broadcom became a sort of investment fund rather than an engineering company. Hock even wanted to buy Qualcomm but got blocked by Trump. This was because it was very likely Hock would just divide it into pieces, cut R&D and start charging 2-3x more for the existing products like he did for Broadcom, symantec, CA techmologies and now vmware. He even sued Broadcom customers like VW.. Despite all this its stock is rising and rising.. |
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