Broadcom Inc. (NASDAQ: AVGO) designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.
- Market Cap: 358.256 Billion
- PE Ratip: 27.71
- EPS: 31.33
- Dividend Yield: 2.08%
In 2015, Avago Technologies acquired rival Broadcom for $37 billion in cash and stocks to create what is now a $125 billion semiconductor giant, known as Broadcom, that operates a wide business spanning three general work areas: semiconductors, software and intellectual property licensing. The first segment is exactly what it sounds like and is a traditional chipmaking business, but the others include enterprise information technology service agreements and patented technologies that Broadcom licenses to others for a regular flow of royalties. Together, this dominant and diverse operation fuels a steady stream of revenue that supports generous dividends of $4.60 per quarter. Therefore, Broadcom is the best semiconductor stock that pay dividends for long term.