{"id":61370,"date":"2026-10-29T10:23:07","date_gmt":"2026-10-29T07:23:07","guid":{"rendered":"https:\/\/thesauditimes.net\/en\/?p=61370"},"modified":"2026-10-29T10:23:07","modified_gmt":"2026-10-29T07:23:07","slug":"hock-tan","status":"publish","type":"post","link":"https:\/\/thesauditimes.net\/en\/hock-tan\/","title":{"rendered":"Hock Tan, Broadcom Chief Executive Who Built a Chip and Software Group"},"content":{"rendered":"<p>Hock Tan is the president and chief executive officer of <a href=\"https:\/\/thesauditimes.net\/en\/broadcom\/\">Broadcom<\/a>, the American company that designs semiconductors and sells infrastructure software. He has held the post, and a seat on the board, since March 2006, when the business still traded as Avago Technologies.<\/p>\n<p>He matters now because Broadcom has become one of the main suppliers of custom chips and networking parts for artificial intelligence. In its 2025 fiscal year the company reported revenue of $63.9 billion, up 24 percent, and its AI semiconductor revenue rose 74 percent in the final quarter alone.<\/p>\n<h3>Education<\/h3>\n<p>Tan studied at the Massachusetts Institute of Technology (MIT), where he earned bachelor&#8217;s and master&#8217;s degrees in mechanical engineering.<\/p>\n<p>He later completed an MBA at Harvard University.<\/p>\n<h3>Career<\/h3>\n<p>Tan spent the early part of his career in finance and general management. From 1983 to 1988 he was managing director of Hume Industries in Malaysia, and from 1988 to 1992 he was managing director of Pacven Investment, a venture capital fund based in Singapore.<\/p>\n<p>Broadcom&#8217;s biography also lists senior management positions at PepsiCo and General Motors, without giving dates.<\/p>\n<p>In 1992 he joined Commodore International, the computer maker, as vice president of finance, and stayed until 1994.<\/p>\n<p>He then moved to Integrated Circuit Systems (ICS), a listed maker of timing chips. He was senior vice president and chief financial officer from 1995 to 1999 and chief operating officer from 1996 to 1999.<\/p>\n<p>In June 1999 he became president and chief executive of ICS. He ran the company until September 2005, when it was acquired by Integrated Device Technology (IDT). He then chaired the IDT board from September 2005 to January 2008.<\/p>\n<p>In March 2006 Tan became president and chief executive of Avago Technologies. Avago had been created on December 1, 2005, when the investment firms KKR and Silver Lake bought the former semiconductor products group of Agilent Technologies, a business with roots in Hewlett-Packard.<\/p>\n<p>The buyers had offered $2.66 billion for the group, which had net revenue of about $1.8 billion in 2005. Its products at the time ranged from wireless and optical parts to printer chips and optical mouse sensors.<\/p>\n<p>On February 1, 2016, Avago combined with Broadcom Corporation and the merged group took the Broadcom name, with Tan remaining in charge.<\/p>\n<p>Two years later the group changed its legal home. On April 4, 2018, Broadcom completed a move of its parent company from Singapore to the US state of Delaware, and its shares began trading as Broadcom Inc. the next day under the same AVGO ticker.<\/p>\n<h3>Current Roles<\/h3>\n<ul>\n<li>President and chief executive officer of Broadcom Inc., since March 2006 (including its predecessor Avago Technologies).<\/li>\n<li>Member of the Broadcom board of directors, since March 2006.<\/li>\n<\/ul>\n<h3>Key Achievements<\/h3>\n<h4>Avago takes the Broadcom name<\/h4>\n<p>The 2016 deal put Avago and Broadcom Corporation under one new parent, Broadcom Limited, whose shares started trading on Nasdaq under the ticker AVGO on February 1, 2016.<\/p>\n<ul>\n<li>Broadcom Corporation revenue in 2015: $8.39 billion.<\/li>\n<li>Deal completed: February 1, 2016.<\/li>\n<\/ul>\n<h4>A move into infrastructure software<\/h4>\n<p>On November 5, 2018, Broadcom completed its acquisition of CA Technologies, a maker of mainframe and enterprise software. Tan said at the time that the deal strengthened Broadcom&#8217;s position as a supplier of both semiconductors and infrastructure software.<\/p>\n<h4>The VMware acquisition<\/h4>\n<p>On November 22, 2023, Broadcom completed its purchase of VMware, the virtualisation and cloud software company. The deal was valued at about $69 billion, and Broadcom said it would put its investment into VMware Cloud Foundation, the software base for private and hybrid clouds.<\/p>\n<ul>\n<li>Cash paid to VMware holders: about $30.8 billion.<\/li>\n<li>Broadcom shares issued: 544 million, worth about $53.4 billion at the time.<\/li>\n<li>Software share of revenue in fiscal 2025: 42 percent.<\/li>\n<\/ul>\n<p>After the deal some organisations began weighing other suppliers, as noted in a 2024 <a href=\"https:\/\/thesauditimes.net\/en\/nutanix-the-cloud-smart-alternative\/\">Saudi Times piece on Nutanix as an alternative<\/a>.<\/p>\n<h4>An American parent company<\/h4>\n<p>The 2018 redomiciliation swapped every Broadcom Limited share one for one into Broadcom Inc. stock. Shareholders had approved the plan on March 23, 2018, and the Singapore High Court confirmed it on April 2.<\/p>\n<h4>Custom chips for AI<\/h4>\n<p>Broadcom designs custom AI accelerators and Ethernet switches for very large cloud and AI customers. In the fourth quarter of fiscal 2025, AI semiconductor revenue was up 74 percent on the year, and Tan forecast that it would double year on year to $8.2 billion in the following quarter.<\/p>\n<p>Broadcom also works with Google on its custom tensor processing units. In October 2026 the Financial Times reported that Broadcom would guarantee about $42 billion of senior debt in a financing package for Anthropic&#8217;s use of those chips.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1440\" data-attachment-id=\"61473\" data-permalink=\"https:\/\/thesauditimes.net\/en\/hock-tan\/hock-tan-broadcom-chief-executive-who-built-a-chip-and-software-group-3\/\" data-orig-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full.jpg\" data-orig-size=\"1920,1440\" data-comments-opened=\"0\" data-image-title=\"Hock Tan, Broadcom Chief Executive Who Built a Chip and Software Group\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Former Broadcom Corporation headquarters in California, 2007. Photo: Coolcaesar, CC BY-SA 3.0, via Wikimedia Commons&lt;\/p&gt;\n\" data-large-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full-1024x768.jpg\" src=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full.jpg\" alt=\"Hock Tan, Broadcom Chief Executive Who Built a Chip and Software Group\" class=\"wp-image-61473\" srcset=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full.jpg 1920w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full-300x225.jpg 300w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full-1024x768.jpg 1024w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full-768x576.jpg 768w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full-1536x1152.jpg 1536w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full-60x45.jpg 60w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/hock-tan-photo-full-600x450.jpg 600w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><figcaption>Former Broadcom Corporation headquarters in California, 2007. Photo: Coolcaesar, CC BY-SA 3.0, via Wikimedia Commons<\/figcaption><\/figure>\n<h3>The Company in Numbers<\/h3>\n<ul>\n<li>Revenue: $63.9 billion in fiscal 2025, up 24 percent.<\/li>\n<li>Fourth-quarter revenue: $18.0 billion, up 28 percent, for the quarter ended November 2, 2025.<\/li>\n<li>Revenue by segment, fiscal 2025: semiconductor solutions $36.9 billion (58 percent), infrastructure software $27.0 billion (42 percent).<\/li>\n<li>Adjusted EBITDA: a record $43.0 billion in fiscal 2025.<\/li>\n<li>Free cash flow: $26.9 billion in fiscal 2025.<\/li>\n<li>Employees: about 33,000 as of November 2, 2025, with about 57 percent in research and development.<\/li>\n<li>Guidance: revenue of about $19.1 billion forecast for the first quarter of fiscal 2026, up 28 percent.<\/li>\n<li>Headquarters: Palo Alto, California, with its main warehouse in Malaysia.<\/li>\n<li>Dividend: fiscal 2026 marked the fifteenth straight yearly increase since dividends began in fiscal 2011, with a quarterly payment of $0.65 per share.<\/li>\n<\/ul>\n<h3>Awards and Honours<\/h3>\n<ul>\n<li>Global Semiconductor Alliance Dr. Morris Chang Exemplary Leadership Award, 2024.<\/li>\n<li>World Innovation, Technology and Services Alliance Eminent Person Award.<\/li>\n<li>Named among the Carnegie Great Immigrants, Great Americans honourees, 2026.<\/li>\n<\/ul>\n<h3>In Their Own Words<\/h3>\n<p>On the day the VMware deal closed in November 2023, Tan said in Broadcom&#8217;s announcement: &#8220;We are excited to welcome VMware to Broadcom and bring together our engineering-first, innovation-centric teams as we take another important step forward in building the world&#8217;s leading infrastructure technology company.&#8221;<\/p>\n<p>When the CA Technologies purchase was completed in November 2018, he said: &#8220;Broadcom has a track record of successfully integrating and growing the businesses we acquire.&#8221;<\/p>\n<p><strong>Read also: <a href=\"https:\/\/thesauditimes.net\/en\/anthropic-offers-blackstone-a-10-coupon-on-9-billion-of-chip-debt-ft-reports\/\">FT: Anthropic offers Blackstone 10% on $9 billion of debt to fund AI chips<\/a><\/strong><\/p>\n<div class=\"refs\">\n<h3>References<\/h3>\n<p><b>Internal<\/b><\/p>\n<ul>\n<li><a href=\"https:\/\/thesauditimes.net\/en\/broadcom\/\">Broadcom company profile<\/a><\/li>\n<li><a href=\"https:\/\/thesauditimes.net\/en\/nutanix-the-cloud-smart-alternative\/\">Nutanix: The Cloud-Smart Alternative<\/a><\/li>\n<li><a href=\"https:\/\/thesauditimes.net\/en\/anthropic-offers-blackstone-a-10-coupon-on-9-billion-of-chip-debt-ft-reports\/\">FT: Anthropic offers Blackstone 10% on $9 billion of debt to fund AI chips<\/a><\/li>\n<\/ul>\n<p><b>External<\/b><\/p>\n<ul>\n<li><a href=\"https:\/\/investors.broadcom.com\/board-member\/hock-e-tan\" target=\"_blank\" rel=\"noopener\">Broadcom Investor Center: Hock E. Tan<\/a> \u2014 2026<\/li>\n<li><a href=\"https:\/\/investors.broadcom.com\/management\/hock-e-tan\" target=\"_blank\" rel=\"noopener\">Broadcom Investor Center: Hock E. Tan, President and CEO<\/a> \u2014 2026<\/li>\n<li><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1730168\/000173016825000116\/avgo-11022025x8kxex99.htm\" target=\"_blank\" rel=\"noopener\">SEC: Broadcom Fourth Quarter and Fiscal Year 2025 Financial Results<\/a> \u2014 2025<\/li>\n<li><a href=\"https:\/\/www.nasdaq.com\/press-release\/broadcom-completes-acquisition-of-vmware-2023-11-22\" target=\"_blank\" rel=\"noopener\">Nasdaq: Broadcom Completes Acquisition of VMware<\/a> \u2014 2023<\/li>\n<li><a href=\"https:\/\/carnegie.org\/great-immigrants\/hock-e-tan\/\" target=\"_blank\" rel=\"noopener\">Andrew Carnegie Foundation: Hock E. Tan<\/a> \u2014 2026<\/li>\n<li><a href=\"https:\/\/www.edn.com\/?p=4057046\" target=\"_blank\" rel=\"noopener\">EDN: Agilent semi group spins out as Avago<\/a> \u2014 2005<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hock Tan has been president and chief executive of Broadcom, and before it Avago Technologies, since March 2006.<\/p>\n","protected":false},"author":1,"featured_media":61371,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[13200],"tags":[],"class_list":["post-61370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hock Tan: Broadcom President and CEO, Career and Deals<\/title>\n<meta name=\"description\" content=\"Hock Tan has run Broadcom and its forerunner Avago since 2006. 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