Broadcom Analyst Meeting Sparks Cautious Optimism

By | December 11, 2013

Scalper1 News

Cautious optimism might be the best way to sum up analyst assessment of Broadcom (BRCM) following its annual analyst day meeting on Tuesday. The chipmaker raised its Q4 outlook and announced Samsung as a customer for its LTE baseband product. But analysts are not sure how much of a bump Broadcom will get from Samsung for its mobile and wireless business, which has seen lackluster growth this year. At the meeting, Broadcom said it expects Q4 Scalper1 News

Scalper1 News