U.S. chipmaker Broadcom has pulled out of plans to invest in a microchip plant in Spain as talks with the government have ...

Broadcom Inc. (NASDAQ:AVGO) is one of the best US stocks to buy according to Billionaires. On July 13, Broadcom reportedly ...

US chipmaker Broadcom has abandoned its planned $1 billion (€910 million) investment in a microchip facility in Spain.

Broadcom did not disclose the investment size, though Madrid had previously hinted the plant could be worth about $1 billion.

Broadcom has reportedly scrapped its plan to invest US$1 billion in an assembly, test, and packaging (ATP) facility in Spain.

Media reports have stated that Broadcom has scrapped its plan of building a microchip manufacturing plant in Spain.

Key Takeaways Broadcom leads in AI chips and networking, driving massive revenue growth.High valuation reflects strong demand ...

Broadcom (NASDAQ:AVGO) has cancelled plans to invest in a microchip facility in Spain as discussions with the government have broken down, Europa Press reported on Sunday, citing sources. Broadcom did ...

Broadcom canceled its planned $1 billion ATP facility in Spain this month due to negotiation breakdown, showing the opportunistic project wasn’t central to its global strategy.

Broadcom ‘should be a strong beneficiary of the trends towards more custom chip designs,’ says JPMorgan Last Updated: May 30, 2023 at 10:20 a.m. ET First Published: May 30, 2023 at 8:25 a.m. ET ...