Broadcom (AVGO) is eyeing a potential merger or acquisition with VMware (VMW). Alex Coffey and Jenny Horne discuss how AVGO has become a semiconductor powerhouse. They also talk about how there is not much information about this deal just yet and it is unclear if it will really happen. They then go over what this deal means for cloud stocks and why AVGO’s stock is being diluted while VMW rises. Finally, they demonstrate an example trade using AVGO. Tune in to find out more.
24 May 2022