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Intel's Loss Is Broadcom's Gain as AVGO Dominates Networking

Key Points

  • A recent report says that Intel wants to part ways with its networking and edge businesses.
  • Although the company's motivation is largely internal, external pressures also play a significant role.
  • Broadcom's success in networking looks like it's driving Intel out, another sign of the company's technological prowess and ability to succeed going forward.
  • MarketBeat previews the top five stocks to own by July 1st.

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Leo Miller
About The Author

Leo Miller

Contributing Author

Fundamental Analysis, Economics, Industry and Sector Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Broadcom (AVGO)
4.745 of 5 stars
$251.26+0.8%0.94%94.10Moderate Buy$276.09
Intel (INTC)
3.8626 of 5 stars
$21.49+3.3%N/A-4.80Reduce$21.57
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