Diversity is more than a buzzword for Broadcom Corp.'s legal department. It has the numbers to back it up. Of the company's 65 lawyers, more than half are women and more than 40 percent are people of color.

Broadcom, based in Irvine, Calif., is the world's largest "fabless" semiconductor company — meaning that it develops chips used in communications technology and then arranges with independent facilities to fabricate them. Its chips can be found in a broad array of mobile devices and other products. The company estimates that more than 99.9 percent of all Internet traffic crosses at least one Broadcom chip.