I have always longed to own a semiconductor company and finally picked up Broadcom.
Coincidentally, Broadcom (Avago) was one of the highest volume customer in my previous job among other tech companies like Dell, AMD, Apple, Keysight etc etc.
Probably a waste not leveraging on my work exposure then?
There has been fears that over 20% of Broadcom’s revenue come from Apple but they are slowly moving away from their reliance on Apple (despite their already diversified structure).One fine example is the acquisition of CA Technologies, one of USA largest software companies. They also sold off their Wireless Iot business to Cypress Semiconductor, foreseeing the great competition and capex ahead. This will also help push their focus on things that will more likely work.
Another fear is the obvious trade war escalation
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