Broadcom faces intensified European Union antitrust scrutiny over VMware licensing, certification and partner-program changes introduced after its roughly $61 billion acquisition, which closed in November 2023. EU authorities are surveying cloud providers about their dependence on VMware, the feasibility of switching to competing platforms and potential competitive restrictions. Certain providers could lose VMware subscription resale rights after March 31 under Broadcom’s restructured partnership framework. The European Commission began initial market inquiries in April 2024 and sent information requests to cloud service providers from July 2026, while the Cloud Infrastructure Services Providers in Europe filed a formal antitrust complaint in March 2026. No interim measures had been imposed as of September 2026, and the General Court rejected Broadcom’s request to suspend the Commission’s information-gathering efforts in April 2026. EU fines can reach 10% of worldwide annual revenue. Broadcom shares were near $363, below their $495 yearly peak, while Piper Sandler raised the stock to Strong Buy with a $460 target and analyst consensus stood near $505.97. Broadcom reported third-quarter earnings per share of $3.32 and revenue of $29.59 billion, up 85.5% year over year, supported by approximately $16.7 billion in AI semiconductor revenue.