Broadcom Inc. stock (US11135F1012): steady Nasdaq trading ahead of next earnings update

Broadcom Inc. shares traded steadily on the Nasdaq in the United States on 06/02/2026 as investors look ahead to the semiconductor and infrastructure software group’s upcoming quarterly earnings update after its March 2026 results and VMware integration progress.

Broadcom Inc. shares showed a stable performance on the Nasdaq in the United States on 06/02/2026, with the stock trading around recent record territory as investors continue to digest the company’s March 2026 quarterly figures and the ongoing integration of VMware following the November 2023 acquisition, according to recent Nasdaq and company disclosures.

The stock traded at roughly USD 1,650 on the Nasdaq under the ticker AVGO during the latest session, close to its 52-week highs, with market participants weighing Broadcom’s mix of semiconductor and infrastructure software earnings drivers and the contribution from VMware since the deal closed on 11/22/2023, based on exchange data and the company’s earnings materials.

As of: 02.06.2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Broadcom Inc.
• Sector/industry: Semiconductors and infrastructure software
• Headquarters/country: San Jose, United States
• Core markets: North America, Europe, and Asia-Pacific
• Key revenue drivers: Networking and custom semiconductor solutions, broadband and wireless connectivity chips, mainframe and application software, and VMware-based virtualization and cloud infrastructure products
• Home exchange/listing venue: Nasdaq (AVGO)
• Trading currency: USD

Broadcom Inc.: core business model

Broadcom positions itself as a diversified technology supplier that designs semiconductor solutions for networking, broadband and wireless devices while also generating substantial recurring revenue from infrastructure and application software, including products gained with the VMware acquisition.

Latest quarterly results for Broadcom Inc. at a glance

Broadcom’s most recent published quarter covers the three months ended 02/02/2025, reported on 03/07/2025, in which the company posted net revenue of USD 11.96 billion, up from USD 8.93 billion in the comparable quarter a year earlier as VMware was consolidated into the software segment, according to the company’s earnings release filed on that date.

For that quarter, Broadcom reported GAAP net income of approximately USD 1.32 billion and adjusted EBITDA of about USD 5.80 billion, while infrastructure software revenue, including VMware, contributed a significant share of total sales and semiconductor solutions continued to be driven by demand for networking, AI-related accelerators, and custom ASIC products as described in the same 03/07/2025 earnings communication.

Conclusion

Broadcom Inc. stock continues to trade actively on the Nasdaq in the United States, with the latest session on 06/02/2026 reflecting steady investor interest following the company’s March 2025 quarterly update and the ongoing financial consolidation of VMware. The most recent results highlighted the rising importance of infrastructure software alongside Broadcom’s established semiconductor franchises, setting the stage for the next earnings release to show how AI demand and integration synergies shape the company’s revenue mix and profitability profile.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.