Broadcom (AVGO) shares were up 3% in Tuesday trading after the company showcased its broadband edge artificial intelligence portfolio, which includes 50G PON gateway SoC, a Wi-Fi 8 product family, and a joint 5G and Wi-Fi 8 fixed wireless access platform solution.
Broadcom's offerings aim to deliver localized processing, low latency and reliability for next-generation connected AI applications, according to a late Monday statement.
Price: $472.99, Change: $+13.02, Percent Change: +2.83%