Broadcom Inc. (AVGO) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Broadcom Inc. surfaced in its latest filing.

• Aggregate indebtedness was $61,079 million as of August 2, 2026.August 2, 2026
• Sales to distributors accounted for 56% of net revenue for the three fiscal quarters ended August 2, 2026.August 2, 2026
• Aggregate sales through all channels to top five end customers accounted for approximately 50% of net revenue for the three fiscal quarters ended August 2, 2026.August 2, 2026
• Approximately 95% of wafers manufactured by our contract manufacturers during the three fiscal quarters ended August 2, 2026 were produced by TSMC.August 2, 2026
• More than three-quarters of manufacturing materials were purchased from five materials suppliers during the three fiscal quarters ended August 2, 2026.August 2, 2026
• VMware spin-off from Dell in November 2021 may fail to qualify as tax-free under Section 355 of the Internal Revenue Code, potentially triggering indemnification obligations to Dell.November 2021
• Regulatory investigations or inquiries in Korea, Japan, and the European Union into contracting and business practices may lead to legal proceedings.
• We face securities class action lawsuits and acquisition-related lawsuits.
• The One Big Beautiful Bill Act may materially adversely affect business and tax provisions.
• The CHIPS Act could lead to increased supply, excess inventory and decreased average selling prices.