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home / news releases / FTXL - Broadcom: VMware Is Next

FTXL - Broadcom: VMware Is Next

First Trust Nasdaq Semiconductor ETF
  • Broadcom has announced a mega $69 billion deal to acquire VMware.
  • The deal is the latest in a hugely successful acquisition spree in recent years.
  • Given the modest profitability of VMware, I have some questions, outweighed by a superior performance of the core business.

For further details see:

Broadcom: VMware Is Next
Stock Information
Company Name: First Trust Nasdaq Semiconductor ETF
Stock Symbol: FTXL
Market: NASDAQ
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