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Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

CrowdStrike Continues to Win Big After Broadcom's Symantec Acquisition

Nicholas Rossolillo, The Motley Fool
·5 min read
CrowdStrike Continues to Win Big After Broadcom's Symantec Acquisition

Shares of endpoint security firm CrowdStrike Holdings (NASDAQ: CRWD) have been a hot commodity this year. Helping CrowdStrike's advance has been networking and communications semiconductor giant Broadcom (NASDAQ: AVGO), which has turned itself into a software company with a few acquisitions. Specific to this discussion, CrowdStrike was called out as a beneficiary of Broadcom's acquisition of the Symantec enterprise security division (with the remaining company surviving today as NortonLifeLock (NASDAQ: NLOK)) earlier this year.

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