Broadcom and NEC expand partnership to modernize private clouds using VMware Cloud Foundation, enhancing security and innovation for customers.
Quiver AI Summary
Broadcom Inc. has announced its plan to expand a strategic partnership with NEC Corporation to implement VMware Cloud Foundation (VCF) for modern private cloud solutions. NEC, leveraging its experience with VCF, aims to enhance private cloud modernization for its clients, ensuring security and promoting innovation. VCF combines public cloud flexibility with private cloud security and efficiency, streamlining the management of diverse applications on a unified platform. As part of its "Client Zero" initiative, NEC will integrate VCF into its own IT systems to deepen its understanding and improve service delivery, offering VCF-based solutions through its NEC BluStellar Scenario. The collaboration, rooted in a 20-year relationship, focuses on helping customers address challenges like innovation acceleration and cost management through effective private cloud adoption.
Potential Positives
- Expansion of strategic partnership with NEC Corporation strengthens Broadcom's position in the cloud services market.
- Introduction of VMware Cloud Foundation (VCF) enables customers to modernize private cloud operations, enhancing security, innovation, and cost efficiency.
- NEC's adoption of VCF under its "Client Zero" strategy indicates confidence in Broadcom's technology and provides a case study for potential clients.
- Broadcom continues to attract major clients, as evidenced by VCF being used by nine of the top 10 Fortune 500 companies, highlighting its market relevance and trustworthiness.
Potential Negatives
- None
FAQ
What is the primary objective of Broadcom's partnership with NEC?
The main goal is to expand the adoption of VMware Cloud Foundation for modern private cloud solutions.
How does VMware Cloud Foundation benefit businesses?
VCF simplifies cloud operations while enhancing security, performance, and lowering total cost of ownership for private clouds.
When did NEC start offering private cloud services based on VCF?
NEC began offering VCF-based private cloud services in October 2025.
What is NEC's "Client Zero" strategy?
It involves NEC adopting cutting-edge technologies internally to enhance expertise and improve service quality for customers.
How long have Broadcom and NEC collaborated?
The two companies have collaborated for over 20 years, strengthening their strategic partnership through this new initiative.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AVGO Congressional Stock Trading
Members of Congress have traded $AVGO stock 18 times in the past 6 months. Of those trades, 13 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $AVGO stock by members of Congress over the last 6 months:
- REPRESENTATIVE VAL T. HOYLE has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/06 and 1 sale worth up to $50,000 on 09/23.
- REPRESENTATIVE CLEO FIELDS has traded it 6 times. They made 6 purchases worth up to $315,000 on 09/17, 08/15, 08/13, 07/29, 07/18 and 0 sales.
- SENATOR SHELLEY MOORE CAPITO sold up to $15,000 on 07/18.
- REPRESENTATIVE RITCHIE TORRES sold up to $15,000 on 07/11.
- REPRESENTATIVE JAMES COMER sold up to $15,000 on 07/03.
- REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 06/25.
- REPRESENTATIVE NANCY PELOSI purchased up to $5,000,000 on 06/20.
- REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 2 purchases worth up to $30,000 on 06/17, 06/11 and 1 sale worth up to $15,000 on 06/10.
- REPRESENTATIVE ROBERT BRESNAHAN purchased up to $15,000 on 06/11.
- SENATOR JOHN BOOZMAN purchased up to $15,000 on 06/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$AVGO Insider Trading Activity
$AVGO insiders have traded $AVGO stock on the open market 95 times in the past 6 months. Of those trades, 3 have been purchases and 92 have been sales.
Here’s a breakdown of recent trading of $AVGO stock by insiders over the last 6 months:
- HENRY SAMUELI has made 0 purchases and 13 sales selling 842,695 shares for an estimated $250,357,760.
- HOCK E TAN (President and CEO) has made 0 purchases and 6 sales selling 445,912 shares for an estimated $134,838,216.
- MARK DAVID BRAZEAL (Chief Legal & Corp Affairs Ofc) has made 0 purchases and 26 sales selling 127,204 shares for an estimated $35,361,686.
- KIRSTEN M. SPEARS (CFO & Chief Accounting Officer) has made 0 purchases and 21 sales selling 104,979 shares for an estimated $28,017,294.
- CHARLIE B KAWWAS (President, Semi Solutions Grp) has made 0 purchases and 20 sales selling 16,397 shares for an estimated $4,785,269.
- JUSTINE PAGE has made 0 purchases and 5 sales selling 4,000 shares for an estimated $1,233,808.
- HARRY L. YOU has made 3 purchases buying 3,550 shares for an estimated $1,227,870 and 0 sales.
- GAYLA J DELLY sold 3,000 shares for an estimated $795,390
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$AVGO Hedge Fund Activity
We have seen 2,100 institutional investors add shares of $AVGO stock to their portfolio, and 1,930 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 31,423,170 shares (+78.8%) to their portfolio in Q3 2025, for an estimated $10,366,818,014
- CAPITAL WORLD INVESTORS removed 12,713,939 shares (-8.6%) from their portfolio in Q3 2025, for an estimated $4,194,455,615
- WELLINGTON MANAGEMENT GROUP LLP removed 10,906,362 shares (-19.0%) from their portfolio in Q3 2025, for an estimated $3,598,117,887
- NORGES BANK removed 5,462,267 shares (-7.5%) from their portfolio in Q2 2025, for an estimated $1,505,673,898
- BNP PARIBAS FINANCIAL MARKETS removed 5,416,301 shares (-47.9%) from their portfolio in Q3 2025, for an estimated $1,786,891,862
- BANK OF AMERICA CORP /DE/ removed 5,123,905 shares (-7.6%) from their portfolio in Q3 2025, for an estimated $1,690,427,498
- PRICE T ROWE ASSOCIATES INC /MD/ added 4,904,436 shares (+6.3%) to their portfolio in Q3 2025, for an estimated $1,618,022,480
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$AVGO Analyst Ratings
Wall Street analysts have issued reports on $AVGO in the last several months. We have seen 19 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Mizuho issued a "Outperform" rating on 10/21/2025
- Morgan Stanley issued a "Overweight" rating on 10/14/2025
- Citigroup issued a "Buy" rating on 10/14/2025
- UBS issued a "Buy" rating on 10/14/2025
- Barclays issued a "Overweight" rating on 10/14/2025
- Keybanc issued a "Overweight" rating on 09/30/2025
- Macquarie issued a "Outperform" rating on 09/15/2025
To track analyst ratings and price targets for $AVGO, check out Quiver Quantitative's $AVGO forecast page.
$AVGO Price Targets
Multiple analysts have issued price targets for $AVGO recently. We have seen 23 analysts offer price targets for $AVGO in the last 6 months, with a median target of $400.0.
Here are some recent targets:
- Vijay Rakesh from Mizuho set a target price of $435.0 on 10/21/2025
- Timothy Arcuri from UBS set a target price of $415.0 on 10/14/2025
- Tom O'Malley from Barclays set a target price of $450.0 on 10/14/2025
- Joseph Moore from Morgan Stanley set a target price of $409.0 on 10/14/2025
- Christopher Danely from Citigroup set a target price of $415.0 on 10/14/2025
- Ross Seymore from Deutsche Bank set a target price of $400.0 on 10/14/2025
- John Vinh from Keybanc set a target price of $420.0 on 09/30/2025
Full Release
PALO ALTO, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced plans to expand its strategic partnership with NEC Corporation (TSE: 6701) to adopt a modern private cloud utilizing VMware Cloud Foundation (VCF). Leveraging the skills and expertise gained from implementing VCF in its own IT systems, NEC will promote the modernization of private clouds, enabling customers to ensure security and accelerate innovation.
VCF is the first integrated cloud platform designed to enable a modern private cloud, combining the flexibility and agility of public cloud environments with the security, performance, and low total cost of ownership (TCO) offered by private clouds. VCF enables consistent operation and management of all applications—traditional, modern, or AI-driven—on a single platform.
VCF gives customers a unified private cloud platform that simplifies deployment and operations while strengthening security and lowering risk and cost. Currently, nine of the top 10 Fortune 500 companies deploy VCF.
Broadcom and NEC have collaborated for more than 20 years, and this strengthened strategic partnership builds on their long-standing relationship. As part of NEC’s "Client Zero" strategy—an approach that sees NEC adopting cutting-edge technologies internally—NEC will implement VCF into its IT systems. This will allow NEC to gain a deeper understanding of VCF's features and benefits, acquire expertise in effective implementation and efficient operation methods, and improve the quality of service when delivering VCF-based solutions to customers.
As a partner, NEC offers VCF-based solutions to customers as part of its value creation model — NEC BluStellar Scenario. NEC also offers VCF as a managed service as of October 2025. NEC Private Cloud Infrastructure powered by VMware is a new service that utilizes VCF to provide customers with flexible resources for building hybrid cloud environments and supporting the development of highly adaptable cloud solutions.
"For many years, NEC has been a key partner in driving VMware business initiatives. We are delighted to strengthen our strategic partnership with Broadcom,” said Norihiko Kimura, Corporate Executive Vice President (Executive Officer) and President of the Digital Platform Services Business Unit at NEC. “Starting in October, NEC began offering private cloud services built on VCF. These solutions are based on the VMware expertise we have accumulated over the years and the knowledge gained through our Client Zero practices. By integrating these offerings into the BluStellar Scenario, we aim to collaborate with Broadcom to support digital transformation (DX) for our customers and society."
"Through our strategic partnership with NEC, we are committed to helping customers adopt a modern private cloud. VCF enables customers to achieve a simplified and unified model for integrating and managing private cloud environments,” said Hikaru Yamauchi, Japan Country Manager, VMware K.K. “By redefining IT infrastructure with VCF, we aim to help our customers address key challenges such as accelerating innovation, managing costs, and ensuring sovereignty and security."
About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom's category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to
www.broadcom.com
.
Broadcom, the pulse logo, and Connecting Everything are among the trademarks of Broadcom. The term "Broadcom" refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners. The information in this news release is for informational purposes only and may not be incorporated into any contract. There is no commitment or obligation to deliver any items presented herein.
Media Contacts :
Roger Fortier
VMware Cloud Foundation Division, Broadcom
+1.408.348.1569
[email protected]
Eloy Ontiveros
Broadcom Global Communications
+1.650.427.6145
[email protected]
