HSBC Global Research upgraded Broadcom Inc. to Buy from Hold and set a $400 price target in a note issued on 24 June. The bank said the semiconductor maker’s outlook has strengthened as major cloud providers direct more capital spending toward artificial-intelligence servers.

HSBC expects surging demand and pricing premiums for Broadcom’s application-specific integrated circuits to lift revenue estimates for fiscal years 2026 and 2027. Broadcom shares moved higher following the call, and other market commentators highlighted the upgrade as evidence of rising confidence in the company’s AI chip strategy.

Broadcom has begun shipping VMware Cloud Foundation 9.0, the first major platform revamp since closing its US$69 billion VMware takeover. The release folds more than a dozen management consoles into two, adds a Quick-Start wizard and centralised identity controls, and lets administrators patch or upgrade fleets of clusters from a single interface. Developers gain on-demand, self-service provisioning and unified support for virtual-machine and Kubernetes workloads.

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Broadcom has launched VMware Cloud Foundation 9.0, marking a strategic shift in its private cloud offerings. The new version emphasizes enhanced private cloud capabilities, reflecting the growing importance of private cloud environments. VMware Cloud Foundation 9.0 aims to deliver a faster, more agile cloud experience for developers, integrating private-AI GPUs and focusing on cloud cost efficiency. Broadcom's updated platform is positioned as a key component in its broader AI and cloud infrastructure vision. Industry discussions around the release highlight its role in reshaping private cloud strategies and advancing DevSecOps practices through improved agility and developer support.

Broadcom Inc. ($AVGO) is projected to approach $30 billion in artificial intelligence (AI) revenue by 2026, driven by surging demand for AI inference and an expected acceleration in the second half of the year. This forecast reflects a compound annual growth rate (CAGR) of 60% in its serviceable addressable market (SAM) and a 150% increase over two years. The company’s stock recently reached an all-time high of $256 per share, supported by strong traction in data center chips and favorable quarterly earnings results. Comparatively, Marvell Technology ($MRVL) is currently experiencing AI revenue growth exceeding 70% year-over-year, which is higher than Broadcom’s current 46% growth rate. Industry observers note that other semiconductor companies such as NVIDIA ($NVDA), AMD ($AMD), and Taiwan Semiconductor Manufacturing Company ($TSM) are also positioned to benefit from the expanding AI market.

Broadcom Inc. ($AVGO) reported strong earnings, but the stock's recent substantial pre-earnings rally has tempered further upside expectations. Investors have been cautious, with some reducing call option exposure and common shares ahead of the earnings release. Despite the positive report, the stock price remained near the significant $250 gamma strike price, suggesting limited immediate movement.

In after-hours trading, Broadcom's performance exerted downward pressure on broader equity futures such as the S&P 500 and Nasdaq, while Tesla ($TSLA) saw gains. Notably, there was a $5.6 million call option sweep targeting the July $250 strike, indicating institutional bullish interest. Additionally, a large $272 million dark pool order was executed, marking the largest such transaction in nearly a month for Broadcom, highlighting significant institutional activity in the stock.

Broadcom Inc. has launched an enhanced version of its CloudHealth platform, incorporating new AI-powered features aimed at improving cloud spend management and FinOps capabilities across enterprise teams. The updated user experience includes tools such as Intelligent Assist and Smart Summary, designed to facilitate better collaboration and more efficient financial operations in cloud computing environments. This development follows Hewlett Packard Enterprise's recent announcement of upgrades to its compute platforms for mission-critical operations, reflecting ongoing advancements in enterprise technology solutions.

Broadcom Inc. (ticker: AVGO) is expected to announce its earnings on June 3, with market observers anticipating a potentially surprising report. Recent developments reveal that Broadcom has significantly increased pricing for VMware products, reportedly hiking prices by 8 to 15 times. This change follows the termination of perpetual and pay-as-you-go licenses, which have been replaced by bundled subscription models requiring a minimum three-year commitment. These pricing adjustments have drawn comparisons to pharmaceutical pricing strategies within the enterprise software sector.

Several financial research firms have updated their ratings and price targets for Broadcom Inc. (ticker: AVGO) amid growing demand in AI data centers and strong sales of custom silicon products. Redburn Atlantic Equities initiated coverage of Broadcom with a Buy rating and set a price target of $301, highlighting the company's robust ASIC pipeline and key role in AI infrastructure. Melius Research raised its price target for Broadcom to $283 from $198 while maintaining a Buy rating, citing strong AI sales and benefits from the VMware acquisition as primary growth drivers.

Mizuho also upgraded its price target to $300 from $250 with an Outperform rating, projecting a ramp-up in AI custom silicon sales in 2026 and raising fiscal 2027 earnings estimates by 5-10% above consensus. Both Redburn Atlantic and Melius Research identified Broadcom as a preferred AI data center investment. These updates come ahead of Broadcom’s upcoming earnings report, with the broader AI infrastructure sector also seeing attention, as Dell Technologies is expected to report on its continued growth in server and networking sales driven by AI demand.

VMware cloud partners and customers in Europe are calling for firm regulatory action against Broadcom following substantial price increases since its acquisition of VMware. Reports indicate that VMware pricing has surged between 800% and 1,500% for European customers. The European Cloud Competition Observatory has released a second critical report highlighting concerns over Broadcom's pricing strategies related to VMware. Despite these challenges, the solution provider Ahead is expanding its VMware-Broadcom business, experiencing rapid growth in services revenue. Ahead is increasing its VMware services workforce by 50% across the U.S. and India to meet demand, with the company valued at $4 billion.

VMware has released a patch to address a critical authentication bypass vulnerability, identified as CVE-2025-22230, affecting its Windows Tools suite versions 11.x.x and 12.x.x. This flaw, which has a CVSS score of 7.8, allows unauthorized access, posing a high risk to users. The patch is included in VMware Tools version 12.5.1, which users are urged to install immediately, as no workaround is available. Additionally, CrushFTP versions 10 and 11 have been found to contain a separate unauthenticated HTTP(S) access vulnerability, although it is not currently being actively exploited. Security experts recommend updating both VMware Tools and CrushFTP to mitigate these risks.

HSBC Global Research upgraded Broadcom Inc. to Buy from Hold and set a $400 price target in a note issued on 24 June. The bank said the semiconductor maker’s outlook has strengthened as major cloud providers direct more capital spending toward artificial-intelligence servers.

HSBC expects surging demand and pricing premiums for Broadcom’s application-specific integrated circuits to lift revenue estimates for fiscal years 2026 and 2027. Broadcom shares moved higher following the call, and other market commentators highlighted the upgrade as evidence of rising confidence in the company’s AI chip strategy.

Broadcom has begun shipping VMware Cloud Foundation 9.0, the first major platform revamp since closing its US$69 billion VMware takeover. The release folds more than a dozen management consoles into two, adds a Quick-Start wizard and centralised identity controls, and lets administrators patch or upgrade fleets of clusters from a single interface. Developers gain on-demand, self-service provisioning and unified support for virtual-machine and Kubernetes workloads.

Read more

Broadcom has launched VMware Cloud Foundation 9.0, marking a strategic shift in its private cloud offerings. The new version emphasizes enhanced private cloud capabilities, reflecting the growing importance of private cloud environments. VMware Cloud Foundation 9.0 aims to deliver a faster, more agile cloud experience for developers, integrating private-AI GPUs and focusing on cloud cost efficiency. Broadcom's updated platform is positioned as a key component in its broader AI and cloud infrastructure vision. Industry discussions around the release highlight its role in reshaping private cloud strategies and advancing DevSecOps practices through improved agility and developer support.

Broadcom Inc. ($AVGO) is projected to approach $30 billion in artificial intelligence (AI) revenue by 2026, driven by surging demand for AI inference and an expected acceleration in the second half of the year. This forecast reflects a compound annual growth rate (CAGR) of 60% in its serviceable addressable market (SAM) and a 150% increase over two years. The company’s stock recently reached an all-time high of $256 per share, supported by strong traction in data center chips and favorable quarterly earnings results. Comparatively, Marvell Technology ($MRVL) is currently experiencing AI revenue growth exceeding 70% year-over-year, which is higher than Broadcom’s current 46% growth rate. Industry observers note that other semiconductor companies such as NVIDIA ($NVDA), AMD ($AMD), and Taiwan Semiconductor Manufacturing Company ($TSM) are also positioned to benefit from the expanding AI market.

Broadcom Inc. ($AVGO) reported strong earnings, but the stock's recent substantial pre-earnings rally has tempered further upside expectations. Investors have been cautious, with some reducing call option exposure and common shares ahead of the earnings release. Despite the positive report, the stock price remained near the significant $250 gamma strike price, suggesting limited immediate movement.

In after-hours trading, Broadcom's performance exerted downward pressure on broader equity futures such as the S&P 500 and Nasdaq, while Tesla ($TSLA) saw gains. Notably, there was a $5.6 million call option sweep targeting the July $250 strike, indicating institutional bullish interest. Additionally, a large $272 million dark pool order was executed, marking the largest such transaction in nearly a month for Broadcom, highlighting significant institutional activity in the stock.

Broadcom Inc. has launched an enhanced version of its CloudHealth platform, incorporating new AI-powered features aimed at improving cloud spend management and FinOps capabilities across enterprise teams. The updated user experience includes tools such as Intelligent Assist and Smart Summary, designed to facilitate better collaboration and more efficient financial operations in cloud computing environments. This development follows Hewlett Packard Enterprise's recent announcement of upgrades to its compute platforms for mission-critical operations, reflecting ongoing advancements in enterprise technology solutions.

Broadcom Inc. (ticker: AVGO) is expected to announce its earnings on June 3, with market observers anticipating a potentially surprising report. Recent developments reveal that Broadcom has significantly increased pricing for VMware products, reportedly hiking prices by 8 to 15 times. This change follows the termination of perpetual and pay-as-you-go licenses, which have been replaced by bundled subscription models requiring a minimum three-year commitment. These pricing adjustments have drawn comparisons to pharmaceutical pricing strategies within the enterprise software sector.

Several financial research firms have updated their ratings and price targets for Broadcom Inc. (ticker: AVGO) amid growing demand in AI data centers and strong sales of custom silicon products. Redburn Atlantic Equities initiated coverage of Broadcom with a Buy rating and set a price target of $301, highlighting the company's robust ASIC pipeline and key role in AI infrastructure. Melius Research raised its price target for Broadcom to $283 from $198 while maintaining a Buy rating, citing strong AI sales and benefits from the VMware acquisition as primary growth drivers.

Mizuho also upgraded its price target to $300 from $250 with an Outperform rating, projecting a ramp-up in AI custom silicon sales in 2026 and raising fiscal 2027 earnings estimates by 5-10% above consensus. Both Redburn Atlantic and Melius Research identified Broadcom as a preferred AI data center investment. These updates come ahead of Broadcom’s upcoming earnings report, with the broader AI infrastructure sector also seeing attention, as Dell Technologies is expected to report on its continued growth in server and networking sales driven by AI demand.

VMware cloud partners and customers in Europe are calling for firm regulatory action against Broadcom following substantial price increases since its acquisition of VMware. Reports indicate that VMware pricing has surged between 800% and 1,500% for European customers. The European Cloud Competition Observatory has released a second critical report highlighting concerns over Broadcom's pricing strategies related to VMware. Despite these challenges, the solution provider Ahead is expanding its VMware-Broadcom business, experiencing rapid growth in services revenue. Ahead is increasing its VMware services workforce by 50% across the U.S. and India to meet demand, with the company valued at $4 billion.

VMware has released a patch to address a critical authentication bypass vulnerability, identified as CVE-2025-22230, affecting its Windows Tools suite versions 11.x.x and 12.x.x. This flaw, which has a CVSS score of 7.8, allows unauthorized access, posing a high risk to users. The patch is included in VMware Tools version 12.5.1, which users are urged to install immediately, as no workaround is available. Additionally, CrushFTP versions 10 and 11 have been found to contain a separate unauthenticated HTTP(S) access vulnerability, although it is not currently being actively exploited. Security experts recommend updating both VMware Tools and CrushFTP to mitigate these risks.