Broadcom Co-Founder Maintains Multi-Billion Won Stake While Liquidating Billions in Cash

Broadcom Inc. (Nasdaq: AVGO) co-founder Henry Samueli and several senior executives filed insider disclosures in June detailing large open-market stock trades and internal transfers.

Under a pre-arranged Rule 10b5-1 trading plan adopted on June 24, Samueli sold approximately 660,000 shares in tranches at prices between $377 and $388 per share, generating roughly $256 million (about ₩350 billion) in proceeds. Even after these sales, he still holds around $18 billion (approximately ₩20 trillion) in indirect equity interests.

The same disclosure shows insider Harry L. You purchased about $370,000 of Broadcom shares on the open market, while General Counsel and Executive Vice President of Legal and Corporate Affairs Mark D. Braziel sold 25,000 shares at about $387 each, raising close to $9.7 million (around ₩13 billion). All of these executives retain substantial stakes following their transactions.

On June 24, Broadcom and OpenAI jointly unveiled “HalaPeño,” the industry’s first custom AI accelerator optimized for large-language-model inference, and announced a strategic collaboration to build a multi-generation compute platform for next-generation AI infrastructure.

In early June, Broadcom reported fiscal 2026 second-quarter revenue of $22.2 billion and record-high earnings, while maintaining its quarterly dividend—continuing its growth trajectory amid surging demand for AI semiconductors.

Headquartered in California, Broadcom is a global semiconductor and infrastructure-software company that delivers data-center AI accelerators, networking chips and enterprise software as an integrated infrastructure provider.

Henry Samueli, as co-founder and significant shareholder, has been a prominent insider, maintaining large equity positions over many years since the company’s IPO.