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Broadcom Locks in Banking Revenue | Durham News
Broadcom just locked in a massive win with Standard Chartered, moving 70% of its global banking infrastructure onto VMware Cloud Foundation — a deal that turns the company’s controversial $61B VMware acquisition into a steady, recurring revenue engine. While AI chip sales are booming, this enterprise contract offers predictable income to offset market swings, validate subscription pricing, and signal to other cautious clients that Broadcom’s reliability is worth the cost — even as antitrust scrutiny looms and the full migration remains to be seen. Listen in comfort:Get a discount on a Soli…
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