The acquisition of VMware bolsters Broadcom's infrastructure software solutions, enabling the company to offer a broader range of services across private and hybrid cloud environments. Infrastructure software revenue increased by 181% following the acquisition.

Broadcom sold VMware's end-user computing business to KKR & Co. Inc. for $3.5 billion in cash, after working capital adjustments, to focus on core infrastructure software solutions. This divestiture aligns with Broadcom's strategy to streamline operations and focus on key growth areas.

Broadcom acquired certain assets related to the design, development, and manufacture of System-on-Chip operations of Seagate Technology Holdings plc for $600 million. This acquisition strengthens Broadcom's semiconductor portfolio and expands its capabilities in storage solutions.

Restructuring charges of $1.533 billion in fiscal year 2024 primarily included employee termination costs from cost reduction activities related to the VMware Merger. Management is actively integrating VMware and streamlining operations to reduce costs.

The provision for income taxes increased due to the impact of a non-recurring intra-group transfer of certain IP rights to the United States as a result of supply chain realignment. Management is actively realigning its supply chain to improve efficiency.

Management has demonstrated an ability to identify and execute strategic acquisitions and divestitures, such as the VMware Merger and the sale of VMware's EUC business, to drive growth and streamline operations. This indicates a proactive approach to portfolio management.

The 10-K states that if Broadcom does not successfully manage the challenges inherent in integrating an acquired business, they may not realize these benefits, and their revenue, expenses, operating results, financial condition and stock price could be materially adversely affected.

The 10-K states that accidental or willful security breaches or other unauthorized access to our information systems or the systems of our service providers and business partners, or the existence of computer viruses or malware could expose Broadcom to a risk of information loss, business disruption, and misappropriation of proprietary and confidential information.

The 10-K states that a general slowdown in the global economy or in a particular region or industry, other unfavorable changes in economic conditions, could negatively impact Broadcom's business, financial condition and liquidity.

The industries in which Broadcom operates are highly competitive and characterized by rapid technological changes, evolving industry standards, changes in customer requirements, often aggressive pricing practices and, in some cases, new delivery methods.

The 10-K states that a shift in sales mix away from higher margin products, as well as the timing and amount of software licensing and non-product revenue, could adversely affect future gross margin percentages.

The 10-K states that government contracts and our arrangements with channel partners who may sell directly to government customers are generally subject to requirements that may generally not be present in commercial contracts and/or may be complex, as well as audits and investigations.

The company outsources a majority of its manufacturing operations, utilizing third-party foundry and assembly and test capabilities, to maintain an efficient global supply chain and a variable, low-cost operating model.

The 10-K states that if Broadcom is unable to timely respond to changes in customer demand, this could damage customer relationships, harm reputation, prevent us from taking advantage of opportunities and adversely impact our business, financial condition and results of operations.

The 10-K states that Broadcom depends on CMs to allocate sufficient manufacturing capacity to meet our needs, to produce products of acceptable quality at acceptable yields, and to deliver those products to us on a timely basis.

The company is committed to continuous investment in product development and enhancement, with a focus on rapidly introducing new, proprietary products and releases.

Broadcom focuses its research and development efforts on the development of mission-critical, innovative, sustainable and higher value product platforms and those that improve the quality and stability in our broadly deployed products.

The 10-K states that failure to successfully develop increasingly advanced technologies, including ASICs such as custom Al accelerators or XPUs and other Al-related products, could impair our competitive position.

The company funded the cash portion of the VMware Merger with the net proceeds from the issuance of $30.4 billion in term loans.

During fiscal year 2024, the company repurchased and retired approximately 67 million shares of our common stock for $7,176 million.

During fiscal year 2024, the company paid $9.814 million in cash dividends.

The 10-K states that there is an increasing focus from lawmakers, regulators, investors, customers, employees and other stakeholders concerning ESG matters.

The 10-K states that the manufacture and distribution of our semiconductors must comply with technical standards and a variety of domestic and international laws and regulations, including those related to the materials composition of our semiconductor products.

The 10-K states that this could adversely affect the sourcing, availability and pricing of minerals used in the manufacture of semiconductor devices, including our products.

The 10-K states that a majority of our products are produced, sourced and sold internationally and our international revenue represents a significant percentage of our overall revenue.

The 10-K states that the Creating Helpful Incentives to Produce Semiconductors for America Act could also result in an increase in supply leading to excess inventory and a decrease in average selling prices.

The 10-K states that our contracts signed with the U.S. federal, state and local government and non-U.S. government agencies are generally subject to annual fiscal funding approval and may be renegotiated or terminated at the discretion of the government.