Scalper1 News
Broadcom’s (BRCM) struggling mobile and wireless business could be sold off if the chipmaker doesn’t see improvement, analysts say. Analysts speculated last year that Intel (INTC) looms as a possible buyer of the Broadcom wireless unit, as IBD reported. In Q1, Broadcom’s mobile and wireless group generated an operating loss for the first time since 2009. Late Thursday, Broadcom posted Q1 earnings and revenue above Wall Street expectations, Scalper1 News
Scalper1 News