Standard Chartered Picks Broadcom for Private Cloud, Extending the Post-VMware Realignment

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Standard Chartered and Broadcom announced a long-term strategic commitment to modernize the bank's global infrastructure on a Broadcom private cloud. The deal is a notable counterpoint to enterprises fleeing Broadcom/VMware pricing, showing large regulated institutions still consolidating on it for sovereignty and control. It's a data point on how AI-era infrastructure decisions are splitting between exit and deeper commitment.