Chipmaker Broadcom forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading.

Also, Tan said he was considering Intel as a potential new foundry partner, as an alternative to its main supplier, Taiwan-based TSMC.

Broadcom forecast fourth-quarter revenue above estimates on Thursday as the semiconductor company expects resilient demand from businesses going digital to help it weather a likely chip industry slowdown.

Broadcom and VMware have announced an agreement under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction that values VMware at approximately US$61 billion, based on the closing price of Broadcom common stock on May 25, 2022.

Broadcom has come out in support of Nvidia's $40 billion acquisition of chip designer Arm after other firms raised concerns about the deal.

Apple's custom-designed 5G cellular modem will likely debut in all 2023 iPhone models, according to Barclays analysts Blayne Curtis and Thomas O'Malley. In a supplier-focused research note shared with MacRumors, the analysts said chipmakers Qorvo and Broadcom should be among the companies that benefit from the shift to Apple's in-house solution.

Broadcom shares fell after the company's main chip division reported revenue that just missed Wall Street estimates.

Apple supplier Broadcom said on Thursday that a ramp-up of annual chip shipments would be later this year than most, likely signaling that the next iPhone will arrive after the usual late September launch date.

Finland's Nokia Oyj said on Monday it had partnered with Broadcom to develop chips for 5G equipment in its third such deal following ones with Intel and Marvell.

Broadcom on Thursday forecast current-quarter revenue with a midpoint slightly below analysts' estimates, in part caused by a delay at a "large North American mobile phone" customer that analysts believe is Apple.

U.S. chipmaker Broadcom has offered to scrap its exclusivity deals with TV and modem makers to end an EU antitrust investigation and stave off a possible hefty fine.

Covid-19 supply-chain disruptions are restricting operations

Chipmaker Broadcom on Thursday pulled its financial projections for the year, citing uncertainty around the coronavirus pandemic, and said it would push debt payments to the second half of the year or earlier if conditions improve.

It says Netflix violates patents, but competition may be the real issue.

Broadcom withdrew its revenue forecast for 2020 on Thursday, joining a host of chipmakers that have either cut or pulled their sales outlook due to demand and supply disruptions caused by the coronavirus outbreak.

Broadcom on Thursday released a new chip aimed at eliminating choppy phone calls and music on Bluetooth headphones.

A jury handed down the decision related to Wi-Fi chips used in iPhones, Macs and other devices.

Broadcom is looking to sell one of its wireless-chip units, a move that would accelerate the company's shift away from its roots as a semiconductor maker.

Amazon is one of six founding members of the Dent project, which is creating an operating system for switches.

Broadcom promised an earnings recovery in the current financial year after the chip maker posted weaker fourth-quarter figures, dented by the protracted U.S. export ban of some items to Chinese telecom giant Huawei.

The Brussels-based institution believes that part of Broadcom's business could be creating "serious and irreparable harm to competition."

Broadcom said on Thursday demand for microchips had hit a bottom and would remain at current levels, a sign that an industry downturn may linger, and added that there was no clear indication as to when the recovery would take place.

Chipmaker Broadcom is in advanced talks to buy Symantec enterprise business, according to people familiar with the matter.

Cybersecurity company Symantec has walked away from negotiations to sell itself to chipmaker Broadcom over price disagreements, people familiar with the matter said on Monday.

Broadcom is in advanced talks to buy cybersecurity firm Symantec, according to people familiar with the matter, seeking a further expansion into the more profitable software business.

EU antitrust regulators want U.S. chipmaker Broadcom to scrap its exclusivity clauses with TV and modem makers to avoid irreparable harm to the market while they investigate whether this tactic and others are designed to block rivals.

Broadcom lowered its revenue guidance for the full fiscal year.

Chipmakers including Intel, Qualcomm, Xilinx and Broadcom have told their employees they will not supply Huawei till further notice, according to people familiar with their actions.

Broadcom benefited from strong results in its networking business in Q1, despite an anticipated sharp decline in wireless.

U.S. semiconductor supplier Broadcom has made a patent claim for more than $1 billion against Volkswagen.

Wave Computing has set its sights on becoming the first AI startup to develop and deploy a 7-nm AI processor in its AI systems.

Broadcom said it had laid off about 1,100 employees across its businesses to cut costs after its merger with Brocade

MediaTek, Cirrus Logic, and Xilinx could all be on Broadcom's shopping list.

Broadcom executives said the company is eyeing fresh potential targets for acquisition, just days after US President Donald Trump quashed the company's proposed $117 billion hostile takeover attempt of rival Qualcomm.

The move comes days after US President Donald Trump blocked Broadcom's $142bn hostile bid for the San Diego-based company over national security concerns.

President Donald Trump has blocked Singapore-based Broadcom's proposed US$140 billion takeover of rival US chipmaker Qualcomm on grounds of national security. His order cited "credible evidence" that a takeover "threatens to impair the national security of the US".

Intel is considering a range of acquisition alternatives in reaction to Broadcom's hostile pursuit for Qualcomm that could include a bid for Broadcom, according to people familiar with the matter.

Qualcomm's shareholders will no longer be meeting Tuesday to weigh in on Broadcom's unsolicited takeover bid for the U.S. chipmaker.