Broadcom announced new networking and switching products to resolve connectivity bottlenecks in AI data centers. Broadcom stock rose.
Zacks.com users have recently been watching Broadcom Inc. (AVGO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cutting-Edge PCIe Technology Empowers Seamless Integration of Open Standards and Fabric Interconnects for AI ClustersPALO ALTO, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced its latest portfolio of highly-scalable, high-performing, low-power 400G PCIe Gen 5.0 Ethernet adapters to revolutionize the data center ecosystem. These latest products offer an enhanced, open, standards-based Ethernet NIC and switching solution to resolve connectivity bottlenecks as