Its tech diversity hasn't made it immune to the US-China trade dispute and blacklisting of Huawei, which is hammering Broadcom's semiconductor business.
Ellison and Catz will assume his responsibilities during his absence, whose expected length is unknown.
The networking vendor tells the market it is transitioning to a cloud- and subscription-based model.
DCK Investor Edge: A mix of macro-economic factors and sector-specific tailwinds led to a strong first half.
Second-quarter growth in corporate sales of desktops and laptops overcame weakness in the company's server and storage business.