VMware Migration Strategy: Broadcom Won by Losing the Right Customers
Everyone assumes Broadcom’s VMware acquisition backfired. Thousands of customers migrating, rivals celebrating poached deals, customer sentiment decidedly negative—by traditional metrics, it looks like a disaster. But Broadcom’s Q1 2026 earnings tell a different story: the company expects software revenue to jump 9% to $7.2 billion in Q2, largely because of VMware. Broadcom is up 9%