Broadcom Q4 results: Net income spikes almost 70 per cent as CEO gives update on $61bn Vmware bid

Broadcom has posted upbeat fourth quarter financial results to end 2022, with revenues shooting up 21 per cent to $8.9bn. Meanwhile, net income saw lightning year on year growth of 69 per cent to $3.3bn, from $1.9bn in Q4 2021.  The group's CEO and president Hock Tan highlighted strong demand from hyperscale, service providers, and enterprise as key reasons for the uptick.  "This growth was driven by our strong partnerships with customers and accelerated adoption of our next generati...