Broadcom News.

Gil Luria of D.A. Davidson argued on CNBC that Intel's valuation is contradictory. Intel trades at a P/E above 200 while NVIDIA trades at about 20x earnings, implying incompatible AI cycle endpoints. Luria suggested NVIDIA, AMD, Micron, and Broadcom as alternatives.

Tesco is removing VMware from 40,000 servers, expecting completion by 2027. The migration follows a $134 million lawsuit against Broadcom over a 175% price hike and breach of perpetual license terms. Broadcom stopped supporting Tesco's VMware suite after the lawsuit.

JPMorgan reaffirmed its overweight rating on Broadcom and advised clients to buy aggressively at current levels after a supply chain rumor about a delayed Google chip project. The stock dropped 7% following the rumor before rising 6% intraday and closing up 4% the next day. JPMorgan cited no material risk to Broadcom's financials.

Broadcom's VMware Cloud Foundation platform has over 2,000 customers as enterprises seek cost-efficient private cloud for AI. 73% of enterprises face AI-related attacks, making security a key concern. Running production AI at scale on public cloud is too expensive, driving adoption of private cloud infrastructure.

Architect Labs raised $24 million to compete with Broadcom and Marvell in the custom chip business. The funding targets the growing market for tailored silicon solutions. Architect Labs aims to challenge established players in the semiconductor industry.

Tesco is migrating 40,000 servers off VMware and suing Broadcom in the UK High Court for over GBP 100 million. The supermarket chain accuses Broadcom of abusive conduct after price hikes of around 175% and the elimination of perpetual license support. Tesco set a migration deadline of end of 2027.

Tesco is moving 40,000 server workloads off VMware, alleging Broadcom's abusive conduct after the acquisition. The UK retailer filed a High Court lawsuit claiming Broadcom refused to honor existing perpetual license and support agreements, instead demanding excessive prices for duplicative subscriptions. Tesco has been paying for third-party support since Broadcom stopped supporting its VMware products in January.

Broadcom stock climbed after an analyst upgrade highlighted strong AI chip demand and a favorable risk-reward profile. The upgrade cited Broadcom's custom AI accelerators and networking chips as key growth drivers. Investors responded positively to the improved outlook for the semiconductor company.

Tesco is replacing VMware and Broadcom mainframe products with alternatives, turning to third-party support providers. The supermarket alleges Broadcom abused market power after refusing to extend support. A licensing lawsuit is set for the UK High Court in November 2027.

Nvidia, Broadcom, and Micron Technology led a decline in the Nasdaq on June 16. The drop reflects a broader market downturn driven by losses in major semiconductor stocks. Investors reacted to ongoing volatility in the tech sector.

A super semiconductor stock is outperforming Nvidia and Broadcom in 2026, based on time-weighted return calculations since 2002. Volatility is measured using trailing three-year standard deviation of service investment returns. The Motley Fool recommends buying 50 stocks and holding them for at least five years.

SpaceX reached $800 billion in market capitalization on its IPO day, exceeding Broadcom Meta Platforms and Tesla. The milestone reflects investor confidence in its space and satellite operations. The valuation marks a shift in tech sector dominance toward aerospace firms.

Broadcom, an AI chip designer, is now 20% below its all-time high, making its stock a strong buy opportunity. The company designs custom application-specific integrated circuits (ASICs) for clients like Alphabet, OpenAI, and Anthropic. Unlike flexible GPUs from Nvidia or AMD, ASICs offer streamlined efficiency for AI training and inference.

Broadcom launched the AI XPV Platform on June 9 with Apollo and Blackstone as anchor investors. The platform targets over 20 gigawatts of compute capacity through 2028 using Broadcom's XPUs and networking for frontier AI labs. An initial $35 billion tranche supports Anthropic's expansion of over 1 gigawatt of compute infrastructure starting mid-2026.

Broadcom stock closes at $382.30, down $3.27 or 0.85% on June 11, 2026. The price reflects afternoon trading data. Motley Fool's average return for all recommendations since inception is not specified. The stock is mentioned in a video published June 13, 2026.

Broadcom teamed up with Apollo Global Management and Blackstone to launch the AI XPV Platform, backed by $35 billion in initial financing. The platform aims to enable over 20 gigawatts of compute capacity by 2028 using Broadcom's chips and networking solutions to lower AI training costs.