EAGAN, Minn. (AP) — Justin Jefferson might be weary of all the safeties shadowing his every route, determined not to let the Minnesota Vikings go deep, but he's hardly angry. The double and triple coverage he continually faces, after all, is a sign of immense respect for his game-breaking ability. The strategy also simply makes sense. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.
(Reuters) - Microchip Technology lowered its third-quarter revenue forecast on Monday and announced the closure of its wafer manufacturing factory in Arizona, as the chipmaker looks to restructure under interim CEO Steve Sanghi. Microchip has been through a tumultuous few quarters, grappling with slowing orders for its automotive chips as carmakers, navigating an uncertain macro economy, clear existing inventory which they built up to avoid a supply crunch. The company now expects revenue to be close to the lower end of its previous forecast of $1.03 billion, below analysts' expectations of $1.06 billion as per data compiled by LSEG. Shares of Microchip fell over 3.5% in extended trading after being around 3% higher at close. The company's stock has fallen 22% so far this year. Microchip expects to shut down the Arizona facility in the September 2025 quarter and generate annual cash savings of around $90 million. "With inventory levels high and having ample capacity in place, we have decided to shut down our Tempe wafer fabrication facility that we refer to as Fab 2," said interim CEO Sanghi, who came into the role after Ganesh Moorthy retired from the top job at the end of November. The company said the closure should help the company moderate its inventory levels beginning in the fourth quarter and will affect around 500 employees. The company said that its other factories in Oregon and Colorado have ample space for expansion and plans to transition product manufacturing from the Arizona plant to other such facilities. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Krishna Chandra Eluri) Microchip Technology lowered its third-quarter revenue forecast due to slowing orders for its automotive chips as carmakers navigate an uncertain macro economy and clear existing inventory, which they built up to avoid a supply crunch. The company now expects revenue to be close to the lower end of its previous forecast of $1.03 billion, which is below analysts' expectations of $1.06 billion. Microchip Technology is closing its wafer manufacturing factory in Arizona, known as Fab 2, due to high inventory levels and ample capacity in place, which will help the company moderate its inventory levels beginning in the fourth quarter. The closure of the Arizona factory will affect around 500 employees. Microchip Technology expects to generate annual cash savings of around $90 million from the closure of the Arizona factory.Strategy Consulting Market to Expand by USD 121.2 Billion (2024-2028), Driven by Demand for Enhanced Digital Customer Experience, AI Transforming the Market - TechnavioWhere to invest $3,000 on the ASX in December
Some Democrats are disturbed by the Hunter Biden pardonNearly half of American teenagers say they are online “constantly” despite concerns about the effects of social media and smartphones on their mental health, according to a new report published Thursday by the Pew Research Center. As in past years, YouTube was the single most popular platform teenagers used — 90% said they watched videos on the site, down slightly from 95% in 2022. Nearly three-quarters said they visit YouTube every day. There was a slight downward trend in several popular apps teens used. For instance, 63% of teens said they used TikTok, down from 67% and Snapchat slipped to 55% from 59%. This small decline could be due to pandemic-era restrictions easing up and kids having more time to see friends in person, but it's not enough to be truly meaningful . X saw the biggest decline among teenage users. Only 17% of teenagers said they use X, down from 23% in 2022, the year Elon Musk bought the platform. Reddit held steady at 14%. About 6% of teenagers said they use Threads, Meta's answer to X that launched in 2023. The report comes as countries around the world are grappling with how to handle the effects of social media on young people's well-being. Australia recently passed a law banning kids under 16 from social networks, though it's unclear how it will be able to enforce the age limit — and whether it will come with unintended consequences such as isolating vulnerable kids from their peers. Meta's messaging service WhatsApp was a rare exception in that it saw the number of teenage users increase, to 23% from 17% in 2022. Pew also asked kids how often they use various online platforms. Small but significant numbers said they are on them “almost constantly.” For YouTube, 15% reported constant use, for TikTok, 16% and for Snapchat, 13%. As in previous surveys, girls were more likely to use TikTok almost constantly while boys gravitated to YouTube. There was no meaningful gender difference in the use of Snapchat, Instagram and Facebook. Roughly a quarter of Black and Hispanic teens said they visit TikTok almost constantly, compared with just 8% of white teenagers. The report was based on a survey of 1,391 U.S. teens ages 13 to 17 conducted from Sept. 18 to Oct. 10, 2024.
Elon Musk’s $56B Tesla pay package rejected again by Delaware judgeNone
By Funsho Arogundade A ward-winning actress and fashion entrepreneur, Tayo Sobola is in a cheery mood. The beautiful movie star who has been off the radar for a while is set to celebrate double joy in her life. The social media went agog last month when news filtered out that Sobola gave birth to a bouncing baby girl in the United States. It was such news many of her friends and fans have been patiently waiting for. The good news further sweetened many to the core when Sobola also shared a video on her Instagram page where she proudly displayed her baby bump with a praise song playing in the background. Come Monday 30 December, the versatile actress popularly known as Sotayo Gaga will be hosting a high octane double event —the baby dedication cum thanksgiving and her birthday. Arrangements are in top gear to make this a talk-of-the town event as Aso Ebi is already out. Sotayo will be surrounded by friends and associates in making the event a very memorable one for guests. Though it’s going to be an exclusive party with all trappings of pomp, pageantry and glamour, the guest list is expected to be studded with A-list celebrities. Sobola —an influencer and philanthropist who holds the esteemed traditional title of Sarauniya (Queen Mother) of Uke Kingdom, Nasarawa State— hails from Ogun State. She holds a diploma degree in Law from the Lagos State University and a bachelor degree in Public Administration from Olabisi Onabanjo University.Cowboys star G Zack Martin doubtful to play vs. Commanders
2024 in pop culture: In a bruising year, we sought out fantasy, escapism — and cute little animalsNFL Week 15 DFS Picks: Best DraftKings, FanDuel main slate optimal lineups, sleepers, and values | Sporting News
2024 in pop culture: In a bruising year, we sought out fantasy, escapism — and cute little animalsNEW HAVEN, Connecticut — China's engineering prowess has been nothing short of extraordinary. From world-class infrastructure and eco-friendly cities to space systems and high-speed trains, China's impressive accumulation of state-of-the-art physical capital has played a dominant role in driving its economy. But China's physical engineering accomplishments on the supply side have not been transferable to social engineering efforts on the demand side, especially in stimulating consumer demand. The disconnect arises out of the modern Chinese political system, which emphasizes stability and control. While this focus has enabled the country to become the world's "ultimate producer," it has not been successful in uncovering the DNA of the Chinese consumer. Social engineering through government diktat stands in sharp contrast to the incentive-based, free-wheeling, individualistic spirit that shapes human behavior and consumption patterns in the West. With the household consumption share of Chinese gross domestic product (GDP) remaining below 40 percent, compared to around 65 percent in advanced economies, China has little to show for its long-standing rhetoric on consumer-led rebalancing. The American experience, as famously documented in John Kenneth Galbraith's "The Affluent Society," decodes the DNA of a consumer society. Key characteristics include upward mobility of income and wealth, open communication and dissemination of information, individualism and freedom of choice, diminished inequality of lifestyles, intergenerational wealth transfers, and, ultimately, the ability to elect political representatives. Western consumerism is very much an aspirational proposition. That raises a fundamental question: is China's political system incompatible with modern consumer culture? That question seems all the more pertinent in the face of China's newfound techno-authoritarianism, which seems at odds with the basic freedoms on which consumerism is based. Recent technological advances (especially in facial recognition and other forms of surveillance), in conjunction with a social credit system and tightened censorship, are all but antithetical to the consumer society as we know it in the West. Ultimately, it is far easier to mobilize the state's machinery to exert influence over producers than it is to allow basic freedoms to empower consumers. That goes back to the early days of the People's Republic when China's producers were under the strict control of the State Planning Commission. And it is true again today as the pendulum of Chinese economic power has swung back from the once-dynamic and entrepreneurial private sector toward state-owned enterprises. The tightening of government controls over Chinese society over the past decade is especially at odds with its goal of spurring consumption. In 2013, shortly after taking office, President Xi Jinping introduced a "mass line" education campaign to address four "bad habits" — formalism, bureaucracy, hedonism and extravagance — that he believed were key sources of social decay and corruption of the Communist Party of China. This effort, initially viewed as an offshoot of Xi's signature anti-corruption campaign, has since taken on a life of its own. Xi sharpened his focus on bad habits in 2021 when a regulatory crackdown on internet platform companies targeted not only Chinese entrepreneurs like Alibaba's Jack Ma but also the so-called lifestyle excesses associated with video games, online music, celebrity fan culture and private tutoring. Such state-directed social engineering suggests that the Chinese authorities have little tolerance for the sense of possibility and optimism embedded in the DNA of Western consumer societies. Another example of this mismatch between ambition and regulatory mindset can be found in China's repeated attempts to address the demographic headwinds behind a shrinking labor force, which is set to decline through the end of this century, owing to the legacy of the now-abandoned one-child family-planning policy. The Chinese government recently announced measures to boost birth rates, including improved support for childbirth, expanded childcare capacity and other efforts to build a "birth-friendly" society. Yet this is only the latest in a series of actions following the adoption of a two-child policy in 2015 and a three-child policy in 2021. Despite these efforts, China's fertility rate remains far below the replacement rate of 2.1 live births per child-bearing woman. Polling data point to two reasons: concerns over sharply rising child-rearing expenses and deeply entrenched small-family cultural norms. This latter point underscores the behavioral aspects of the problem — namely, that a generation of younger Chinese have grown accustomed to one-child families. This very human resistance to the government's attempted coercion of family-planning practices is not dissimilar to Beijing's strategy to push for increased consumer demand. The key to unlocking China's consumer potential is to convert fear into confidence, a transition that requires nothing short of a fundamental shift in the mindset framing households' decision-making. But this is precisely where the government has been stymied. Incentivizing human behavior is radically different from requiring state-directed banks to boost lending for infrastructure projects or state-owned enterprises to invest in property. Admittedly, I am providing a Western perspective on a Chinese problem, and experience has taught me that such problems need to be examined from China's own perspective. Even so, increasing consumption goes to the very essence of the human experience: can there ever be a flourishing consumer culture with Chinese characteristics that contradicts the aspirational ethos underpinning Western societies? The ultimate solution to China's chronic underconsumption problem may well hinge on these deep considerations of human behavior. A recent meeting of China's Central Economic Work Conference hinted at yet another big consumption stimulus to come. But if Chinese authorities remain steadfast in tightening control over social norms and the human spirit, then all the stimulus in the world — from trade-in campaigns to social-safety-net reforms — could be for naught. Stephen S. Roach is a faculty member at Yale University and former chairman of Morgan Stanley Asia. He is also the author of "Unbalanced: The Codependency of America and China" (Yale University Press, 2014) and "Accidental Conflict: America, China and the Clash of False Narratives" (Yale University Press, 2022). Copyright: Project Syndicate, 2024 www.project-syndicate.org
Art has an incredible power to transform emotions and experiences, and few understand this better than renowned artist Fernando Porras. His latest works, which can be seen in the local gallery Mirror Ball, are not just visually stunning but an invitation into the depths of his journey through life as a global citizen. Not surprisingly, his journey has led him into storytelling, with a new illustrated novel that begins in a town similar to Tryon. Porras was born in Maturín, Venezuela, and was often introduced by his father, a local doctor, as “that boy who paints and draws all day long.” He began studying Architecture at the University of Florida in the early 80s, but the Venezuelan financial crisis in 1984 led him to return to Venezuela, where he formed a significant bond with the Guarauno people and other indigenous groups of the Orinoco and Amazon river basins. He eventually took his art skills to advertising and was art director for the advertising agencies Young & Rubicam and Ogilvy & Mather. However, a transformative experience with a group of Indigenous children who had never seen a pencil inspired him to document their culture through art, turning his drawings into oil paintings that raised awareness of their plight. After earning a Master’s Degree in Fine Arts from Radford University, studying under watercolor master Z.L. Feng, he taught art at Concord University in West Virginia, where he prepared his first exhibit. His major solo show, “Children of the Rainforest,” at Noel Gallery in Charlotte in 1999, featured his “Hidden Series.” Seventeen of eighteen works sold in just forty minutes, and the last piece, a three-panel, seven by nine-foot oil on canvas, was purchased the following morning. Now, he has evolved into a storyteller, author, illustrator and some may say tour guide with a new children’s book, Porta Magicae. The Magic Behind Porta Magicae Two creative forces have united to embark on an extraordinary adventure that transcends geographical and cultural boundaries. Porras and Allie Snyder, Program Coordinator at Polk County Public Libraries, have joined hands to craft a captivating children’s book series, Porta Magicae. Since their move to Tryon in 2022, this duo has been busy developing this project to bridge cultural divides and inspire young minds. The genesis of Porta Magicae is shrouded in an inspiring tale. Fernando and Allie discovered a tattered journal in an antique shop that sparked a quest for a magical door—“Porta Magicae.” This serendipitous find propelled them on a global journey, exploring the stories and cultures of the world, akin to a modern-day treasure hunt filled with creativity and imagination. “Once upon a time, a writer and a painter teamed up on a quest to find a magic door,” they recount, embracing lore that entwines adventure with artistic expression. At the heart of Porta Magicae lies a powerful vision: to illustrate adventure stories that encourage children to appreciate cultural diversity. “Growing up, my education was rich with friends from all over the world,” Fernando reflects. “Now, in a world increasingly divided, our stories aim to reveal that the more we learn about one another, the richer our lives become.” Each book in the series is designed to transport young readers through a magic door, introducing them to unique cultures and shared experiences across time and space. The ambitious project is not just about storytelling—it is a methodical embrace of narratives that span every corner of the globe. Fernando and Allie aspire to create educational yet entertaining tales where learning becomes a delightful journey. For instance, their upcoming book about Rome is crafted not just for children but can serve as a resource in art history classes. The narrative of Porta Magicae is a mosaic of tales collected during their travels. “I am a collector of memories,” Fernando says, emphasizing how each encounter shapes their stories—from a coffee grower in Colombia reminiscing about childhood games to children in Brazil improvising art under a cardboard shelter during a rain shower. This collective authorship fosters a deep connection to the places they visit and their inhabitants. “Our support team includes a diverse group of creatives from around the world,” Allie adds, highlighting their collaborative process. Ideas can sprout in Mexico City, be developed in Tryon, illustrated in Pune, and shared worldwide, all in real time. It’s a unique approach that speaks to a globalized world where creativity knows no bounds. The Porta Magicae Project thrives on immersive research, often visiting locations tied to their stories. “We engage with locals, take thousands of photographs, and paint watercolors to truly capture the essence of each place,” Fernando explains. This hands-on approach enriches their storytelling and ensures authenticity that both children and collectors can appreciate. They have also established a sustainable model to fund their artistic endeavors without burdening their investors. “Interactive Zoom workshops and exhibitions help cover travel costs, allowing us to focus our resources on making the books,” they explain. This model allows collectors to engage with the project while supporting its heart and soul. As they look ahead, Fernando and Allie are ready to embrace the evolving literature landscape. “The book industry is on the cusp of significant change,” Fernando reveals, hinting at the introduction of technology that extends beyond enhanced eBooks. The Porta Magicae team, comprising animators and app developers, is eager to be at the forefront of this revolution while remaining true to the core storytelling that connects cultures. The duo is excited to launch a Porta Magicae website, social media pages and crowdfunding page soon, inviting the public to join them. With seven stories in production, they aim to share the magic of storytelling and the adventures that inspire them. As they invite community engagement, they remind everyone that the elusive magic door may be closer than we think. “Have you checked your attic lately?” Fernando quips.
Revenue of $14,054 million for the fourth quarter, up 51 percent from the prior year period GAAP net income of $4,324 million for the fourth quarter; Non-GAAP net income of $6,965 million for the fourth quarter Adjusted EBITDA of $9,089 million for the fourth quarter, or 65 percent of revenue GAAP diluted EPS of $0.90 for the fourth quarter; Non-GAAP diluted EPS of $1.42 for the fourth quarter Cash from operations of $5,604 million for the fourth quarter, less capital expenditures of $122 million , resulted in $5,482 million of free cash flow, or 39 percent of revenue Quarterly common stock dividend increased by 11 percent from the prior quarter to $0.59 per share First quarter fiscal year 2025 revenue guidance of approximately $14.6 billion , an increase of 22 percent from the prior year period First quarter fiscal year 2025 Adjusted EBITDA guidance of approximately 66 percent of projected revenue (1) PALO ALTO, Calif. , Dec. 12, 2024 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO ), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its fourth quarter and fiscal year ended November 3, 2024 , provided guidance for its first quarter of fiscal year 2025 and announced its quarterly dividend. "Broadcom's fiscal year 2024 revenue grew 44% year-over-year to a record $51.6 billion , as infrastructure software revenue grew to $21.5 billion , on the successful integration of VMware," said Hock Tan, President and CEO of Broadcom Inc. "Semiconductor revenue was a record $30.1 billion driven by AI revenue of $12.2 billion . AI revenue which grew 220 percent year-on-year was driven by our leading AI XPUs and Ethernet networking portfolio." "In fiscal year 2024 adjusted EBITDA increased 37% year-over-year to a record $31.9 billion , and free cash flow excluding restructuring was strong at $21.9 billion ," said Kirsten Spears , CFO of Broadcom Inc. "Based on increased cash flows in fiscal year 2024, we are increasing our quarterly common stock dividend by 11% to $0.59 per share for fiscal year 2025. The target fiscal year 2025 annual common stock dividend of $2.36 per share is a record, and the fourteenth consecutive increase in annual dividends since we initiated dividends in fiscal 2011." Fourth Quarter Fiscal Year 2024 Financial Highlights The Company's cash and cash equivalents at the end of the fiscal quarter were $9,348 million , compared to $9,952 million at the end of the prior quarter. During the fourth fiscal quarter, the Company generated $5,604 million in cash from operations and spent $122 million on capital expenditures. The Company paid $1,204 million of withholding taxes related to net settled equity awards that vested in the quarter (resulting in the elimination of 7.4 million shares). On September 30, 2024 , the Company paid a cash dividend on a split adjusted basis of $0.53 per share, totaling $2,484 million . The differences between the Company's GAAP and non-GAAP results are described generally under "Non-GAAP Financial Measures" below and presented in detail in the financial reconciliation tables attached to this release. Fiscal Year 2024 Financial Highlights First Quarter Fiscal Year 2025 Business Outlook Based on current business trends and conditions, the outlook for the first quarter of fiscal year 2025, ending February 2, 2025 , is expected to be as follows: First quarter revenue guidance of approximately $14.6 billion ; and First quarter Adjusted EBITDA guidance of approximately 66 percent of projected revenue. The guidance provided above is only an estimate of what the Company believes is realizable as of the date of this release. The Company is not readily able to provide a reconciliation of projected Adjusted EBITDA to projected net income without unreasonable effort. Actual results will vary from the guidance and the variations may be material. The Company undertakes no intent or obligation to publicly update or revise any of these projections, whether as a result of new information, future events or otherwise, except as required by law. Quarterly Dividends The Company's Board of Directors has approved a quarterly cash dividend of $0.59 per share. The dividend is payable on December 31, 2024 to stockholders of record at the close of business ( 5:00 p.m. Eastern Time ) on December 23, 2024 . Financial Results Conference Call Broadcom Inc. will host a conference call to review its financial results for the fourth quarter and fiscal year 2024 and to discuss the business outlook today at 2:00 p.m. Pacific Time . To Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://investors.broadcom.com/ . Replay: An audio replay of the conference call can be accessed for one year through the Investors section of Broadcom's website at https://investors.broadcom.com/ . Non-GAAP Financial Measures The non-GAAP measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP financial data is included in the supplemental financial data attached to this press release. Broadcom believes non-GAAP financial information provides additional insight into the Company's on-going performance. Therefore, Broadcom provides this information to investors for a more consistent basis of comparison and to help them evaluate the results of the Company's on-going operations and enable more meaningful period to period comparisons. In addition to GAAP reporting, Broadcom provides investors with net income, operating income, gross margin, operating expenses, cash flow and other data on a non-GAAP basis. This non-GAAP information excludes amortization of acquisition-related intangible assets, stock-based compensation expense, restructuring and other charges, acquisition-related costs, including integration costs, non-GAAP tax reconciling adjustments, and other adjustments. Management does not believe that these items are reflective of the Company's underlying performance. Internally, these non-GAAP measures are significant measures used by management for purposes of evaluating the core operating performance of the Company, establishing internal budgets, calculating return on investment for development programs and growth initiatives, comparing performance with internal forecasts and targeted business models, strategic planning, evaluating and valuing potential acquisition candidates and how their operations compare to the Company's operations, and benchmarking performance externally against the Company's competitors. The exclusion of these and other similar items from Broadcom's non-GAAP financial results should not be interpreted as implying that these items are non-recurring, infrequent or unusual. Free cash flow measures have limitations as they omit certain components of the overall cash flow statement and do not represent the residual cash flow available for discretionary expenditures. Investors should not consider presentation of free cash flow measures as implying that stockholders have any right to such cash. Broadcom's free cash flow may not be calculated in a manner comparable to similarly named measures used by other companies. 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 . Cautionary Note Regarding Forward-Looking Statements This announcement contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning Broadcom. These statements include, but are not limited to, statements that address our expected future business and financial performance, and other statements identified by words such as "will," "expect," "believe," "anticipate," "estimate," "should," "intend," "plan," "potential," "predict," "project," "aim," and similar words, phrases or expressions. These forward-looking statements are based on current expectations and beliefs of Broadcom's management, current information available to Broadcom's management, and current market trends and market conditions and involve risks and uncertainties that may cause actual results to differ materially from those contained in forward-looking statements. Accordingly, undue reliance should not be placed on such statements. Particular uncertainties that could materially affect future results include risks associated with: global economic conditions and concerns; government regulations and administrative proceedings, trade restrictions and trade tensions; global political and economic conditions; our acquisition of VMware, Inc., including our ability to realize the expected benefits; any acquisitions or dispositions we may make, such as delays, challenges and expenses associated with receiving governmental and regulatory approvals and satisfying other closing conditions, and with integrating acquired businesses with our existing businesses and our ability to achieve the benefits, growth prospects and synergies expected by such acquisitions; dependence on and risks associated with distributors and resellers of our products; dependence on senior management and our ability to attract and retain qualified personnel; our ability to protect against cyber security threats and a breach of security systems; any loss of our significant customers and fluctuations in the timing and volume of significant customer demand; cyclicality in the semiconductor industry or in our target markets; our dependence on contract manufacturing and outsourced supply chain; our dependency on a limited number of suppliers; prolonged disruptions of our or our contract manufacturers' manufacturing facilities, warehouses or other significant operations; our ability to accurately estimate customers' demand and adjust our manufacturing and supply chain accordingly; our ability to continue achieving design wins with our customers, as well as the timing of any design wins; our ability to improve our manufacturing efficiency and quality; involvement in legal proceedings; ability of our software products to manage and secure IT infrastructures and environments; demand for our data center virtualization products and market acceptance of our products and services; compatibility of our software products with operating environments, platforms or third-party products; our ability to enter into satisfactory software license agreements; availability of third-party software used in our products; use of open source software in our products; sales to government customers; our ability to manage products and services lifecycles; quarterly and annual fluctuations in operating results; our competitive performance; our ability to maintain or improve gross margin; our ability to protect our intellectual property and the unpredictability of any associated litigation expenses; any expenses or reputational damage associated with resolving customer product warranty and indemnification claims, or other undetected defects or bugs; our ability to sell to new types of customers and to keep pace with technological advances; our compliance with privacy and data security laws; our provision for income taxes and overall cash tax costs; our ability to maintain tax concessions in certain jurisdictions; potential tax liabilities as a result of acquiring VMware; our significant indebtedness and the need to generate sufficient cash flows to service and repay such debt; and other events and trends on a national, regional, industry-specific and global scale, including those of a political, economic, business, competitive and regulatory nature. Our filings with the SEC, which are available without charge at the SEC's website at https://www.sec.gov , discuss some of the important risk factors that may affect our business, results of operations and financial condition. Actual results may vary from the estimates provided. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law. Contact: Ji Yoo Broadcom Inc. Investor Relations 650-427-6000 [email protected] (AVGO-Q) SOURCE Broadcom Inc.Published 2:27 pm Tuesday, December 24, 2024 By Data Skrive The contests in a Week 17 NFL slate sure to please include the Tennessee Titans taking on the Jacksonville Jaguars at EverBank Stadium. In terms of live coverage, we have what you need to know regarding Week 17 of the NFL here. Take a look at the piece below. 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Patricio Pitbull ‘worried about the future’ with lack of fights under PFL banner: ‘This is wrong’