Editor's take: Broadcom was once a leading semiconductor company, and then it started buying enterprise software companies. The finance people recognize Broadcom for it is, and while the technology people recognize it as well, they just do not want to accept it. And we cannot blame them for that sentiment. Broadcom began its existence as a spin-off of a spin-off. Twenty years or so ago, Hewlett Packard began its process of miniaturization. First spinning off Agilent which contained a hodgepodge of businesses that were not related to PCs or printers. Agilent in turn split itself into several more pieces, one of which was HP's one-time internal chip business, rechristened as Avago. We followed Avago closely for many years as sell-side analysts. Buried deep inside HP, we knew it sold filters that went into mobile phones and would occasionally provide some really interesting, but obscure piece of information. Then the spin-off happened. Editor's Note: Jonathan Goldberg is the … [Read more...] about What has Broadcom become?
Ford is increasing the starting prices of its electric F-150 Lightning truck by as much as $8,500 due to “significant material cost increases and other factors.” CNBC reports that Ford said on Tuesday that it would be increasing the starting prices of its electric F-150 Lightning pickup truck due to “significant material cost increases and other factors.” The automaker said that the price increases, which are between $6,000 and $8,500, will not impact customers who have already ordered the vehicle and are awaiting delivery. President Joe Biden infamously test drove an electric F-150 in 2021. Biden shared his opinion on the truck, saying ““This sucker’s quick.” James Farley, president and chief executive officer of Ford Motor Co. (Photographer: Emily Elconin/Bloomberg) In the front of the F-150, where the engine would be, is a large, easy-access storage trunk, commonly referred to as a frunk. (Youngrae Kim/Chicago Tribune/Tribune News Service via Getty Images) … [Read more...] about Bidenflation: Ford Boosts Price of Electric F-150 Lightning Truck Due to ‘Significant Material Cost Increases’