{
  "slug": "broadcom-inc",
  "symbol": "AVGO",
  "name": "Broadcom Inc",
  "fiscalYearEnd": "2025-11-02",
  "filing": {
    "accession": "0001730168-25-000121",
    "form": "10-K",
    "filed": "2025-12-18",
    "url": "https://www.sec.gov/Archives/edgar/data/1730168/000173016825000121/avgo-20251102.htm"
  },
  "model": "claude-haiku-5-5",
  "promptVersion": "2026-10-31.2",
  "generatedAt": "2026-10-31T19:36:07.751915+00:00",
  "segments": {
    "currency": "USD",
    "asOf": "2025-11-02",
    "total": 63887000000.0,
    "internal": null,
    "rows": [
      {
        "name": "Semiconductor Solutions",
        "revenue": 36858000000.0,
        "share": 57.7
      },
      {
        "name": "Infrastructure Software",
        "revenue": 27029000000.0,
        "share": 42.3
      }
    ]
  },
  "sections": {
    "businessModel": [
      {
        "de": "Das Unternehmen liefert Halbleiter und halbleiterbasierte Lösungen, darunter komplexe digitale und Mixed-Signal-Bauelemente auf Siliziumwafern.",
        "en": "The company supplies semiconductor chips and related solutions, including complex digital and mixed-signal devices built on silicon wafers.",
        "quote": "Our semiconductor and semiconductor-based solutions include a broad portfolio of complex digital and mixed signal devices based on silicon wafers"
      },
      {
        "de": "Das Unternehmen bietet Infrastruktursoftware in fünf Bereichen an: Private Cloud, Mainframe, Cybersecurity, Enterprise Software und FC-SAN-Management.",
        "en": "The company offers infrastructure software in five portfolios: private cloud, mainframe, cybersecurity, enterprise software and FC SAN management.",
        "quote": "We offer five major infrastructure software portfolios: Private Cloud, Mainframe Software, Cybersecurity, Enterprise Software and FC SAN Management."
      },
      {
        "de": "Halbleiterprodukte werden in fünf Hauptmärkten angeboten: Networking Connectivity, Wireless Device Connectivity, Server- und Speichersysteme, Broadband und Industrie.",
        "en": "Semiconductor products are offered in five main end markets: networking connectivity, wireless device connectivity, servers and storage systems, broadband and industrial.",
        "quote": "We offer our semiconductor and semiconductor-based solutions in five major end markets: Networking Connectivity, Wireless Device Connectivity, Servers and Storage Systems, Broadband and Industrial."
      },
      {
        "de": "Das Unternehmen bietet vollständige System-on-Chip-Plattformen für Set-Top-Boxen (STB) für Kabel, Satellit, Internet Protocol Television, Over-the-top und terrestrische Dienste an.",
        "en": "The company offers complete system-on-chip platforms for set-top boxes (STBs) used with cable, satellite, Internet Protocol television, over-the-top and terrestrial services.",
        "quote": "We offer complete SoC platform solutions for cable, satellite, Internet Protocol television, over-the-top and terrestrial STBs."
      }
    ],
    "customers": [
      {
        "de": "Distributoren, OEMs und deren Auftragsfertiger machen in der Regel den größten Teil der Halbleiterverkäufe des Unternehmens aus.",
        "en": "Distributors, OEMs and their contract manufacturers usually account for most of the company's semiconductor sales.",
        "quote": "Distributors and OEMs, or their contract manufacturers (“CMs”), typically account for the substantial majority of our semiconductor sales."
      },
      {
        "de": "Softwarekunden sind in der Regel große Unternehmen mit IT-Umgebungen von mehreren Anbietern, und zwar in den meisten großen Branchen weltweit.",
        "en": "Software customers are generally large enterprises with computing environments from several vendors, in most major industries worldwide.",
        "quote": "Our software customers generally consist of large enterprises that have computing environments from multiple vendors and are in most major industries worldwide"
      },
      {
        "de": "Viele der größten Unternehmen der Welt, darunter die meisten Unternehmen der Fortune 500, und viele Behörden nutzen die Infrastruktur- und Sicherheitssoftware des Unternehmens.",
        "en": "Many of the world's largest companies, including most Fortune 500 companies, and many government agencies use the company's infrastructure and security software.",
        "quote": "Many of the largest companies in the world, including most of the Fortune 500, and many government agencies rely on our infrastructure and security software solutions"
      }
    ],
    "competition": [
      {
        "de": "Zu den Wettbewerbern im Bereich Halbleiterlösungen gehören integrierte Gerätehersteller, fabless Chipunternehmen (Firmen, die Chips entwerfen, aber keine Fabriken besitzen) und die internen Ressourcen großer OEMs.",
        "en": "Competitors in semiconductor solutions include integrated device makers, fabless chip companies (firms that design chips but do not own factories) and the in-house resources of large OEMs.",
        "quote": "Competitors in semiconductor solutions include integrated device manufacturers, fabless semiconductor companies and the internal resources of large integrated OEMs."
      },
      {
        "de": "Bei Infrastruktursoftware konkurriert das Unternehmen mit großen Anbietern von Unternehmenssoftware, die Cloud-, Sicherheits-, Mainframe-, Enterprise- und andere Softwarelösungen anbieten.",
        "en": "In infrastructure software, the company competes with large enterprise software vendors that offer cloud, security, mainframe, enterprise and other software.",
        "quote": "In infrastructure software, we compete with large enterprise software vendors that provide cloud, security, mainframe, enterprise and other software solutions"
      },
      {
        "de": "Die Fähigkeit des Unternehmens, im Wettbewerb zu bestehen, hängt von einer Reihe von Faktoren ab. Dazu gehören Qualität, technische Leistung, Preis, Produkteigenschaften, Produktkompatibilität, Entwurfsfähigkeit, Ingenieurkompetenz, Reaktionsfähigkeit gegenüber Kunden, Innovation, Verfügbarkeit, Liefertermin, Zuverlässigkeit und Kundenbetreuung.",
        "en": "The company's ability to compete depends on a number of factors. These include quality, technical performance, price, product features, product compatibility, design capability, engineering expertise, responsiveness to customers, innovation, availability, delivery, reliability and customer support.",
        "quote": "Additionally, our ability to compete effectively depends on a number of factors, including: quality, technical performance, price, product features, product system compatibility, system-level design capability, engineering expertise, responsiveness to customers, new product innovation, product availability, delivery timing and reliability, and customer sales and technical support."
      }
    ],
    "risks": [
      {
        "de": "Nach Einschätzung des Unternehmens machten seine fünf größten Endkunden über alle Vertriebswege zusammen etwa 40 % des Nettoumsatzes im Geschäftsjahr 2025 aus.",
        "en": "The company believes its five largest end customers, across all sales channels, together accounted for about 40% of net revenue in fiscal 2025.",
        "quote": "We believe aggregate sales, through all channels, to our top five end customers accounted for approximately 40% of our net revenue for fiscal year 2025."
      },
      {
        "de": "Im Geschäftsjahr 2025 stammten etwa 95 % der Wafer, die von Auftragsfertigern des Unternehmens hergestellt wurden, von TSMC.",
        "en": "In fiscal 2025, about 95% of the wafers made by the company's contract manufacturers were produced by TSMC.",
        "quote": "During fiscal year 2025, approximately 95% of the wafers manufactured by our CMs were produced by TSMC."
      },
      {
        "de": "Einige dieser KI-Kunden könnten nur begrenzte Mittel oder Kapital haben und könnten nicht in der Lage sein, die benötigte KI-Infrastruktur zu bezahlen.",
        "en": "Some of these AI customers may have limited resources or capital and may be unable to pay for the AI infrastructure they need.",
        "quote": "Some of these AI customers may have constrained resources or capital and may be unable to pay for their required AI infrastructure"
      },
      {
        "de": "Im Geschäftsjahr 2025 bezog das Unternehmen etwa zwei Drittel seiner Fertigungsmaterialien von fünf Lieferanten. Einige dieser fünf Lieferanten sind die einzige Bezugsquelle für ihre Materialien.",
        "en": "In fiscal 2025, the company bought about two-thirds of its manufacturing materials from five suppliers. Some of these five suppliers are the only source for the materials they provide.",
        "quote": "During fiscal year 2025, we purchased approximately two-thirds of our manufacturing materials from five materials suppliers, some of which are single source suppliers."
      }
    ]
  }
}