Key facts: Fidelity sues Broadcom over VMware access; Broadcom’s margins rise; PHLX index drops over 10%

Key facts: Fidelity sues Broadcom over VMware access; Broadcom’s margins rise; PHLX index drops over 10%

By TradingView
Publication Date: 2025-11-18 20:03:00


Key facts: Fidelity sues Broadcom over VMware access; Broadcom’s margins rise; PHLX index drops over 10% — TradingView News










  • Fidelity Technology Group has sued Broadcom, claiming it may cut access to vital VMware software, risking major outages and trading disruptions that could harm Fidelity’s operations.1
  • Broadcom reported gross margins exceeding 50% in its most recent fiscal year, reflecting an increase compared to the previous year, amidst a challenging economic environment.2
  • The PHLX semiconductor index, featuring Broadcom (AVGO), has fallen over 10% from its peak of 7,327.93 on October 29, now below 6,595.14.3