Broadcom's AI Infrastructure Expansion: PCIe Gen 6 Portfolio and Micron Partnership Boost Stock Amid NVIDIA's Strong Performance

What's Going On With Broadcom (AVGO) Stock? - Broadcom (NASDAQ:AVGO)

Broadcom Inc AVGO shares are trading lower by 1.27% to $210.23 during Thursday's session due to a confluence of factors, including Nvidia's strong earnings and its own advancements in AI infrastructure. What To Know: Nvidia's record-breaking fourth-quarter results highlight surging demand for AI compute, with its data center revenue jumping 93% year-over-year. This signals a broader trend: hyperscalers and enterprises are aggressively expanding AI infrastructure, which directly benefits Broadcom. Read Also: PENN Entertainment Misses Q4 Earnings Estimates: The Details Broadcom plays a crucial role in AI infrastructure through its PCIe Gen 6 portfolio, which ensures high-speed connectivity between AI accelerators, CPUs and memory. The company's newly announced partnership with Micron to enhance AI system interoperability further strengthens its positioning. As AI workloads scale, efficient data transfer becomes critical, and Broadcom's PCIe technology is essential in reducing bottlenecks. What Else: Additionally, Broadcom's dominance in custom ASICs (application-specific integrated circuits) offers an alternative to Nvidia's GPUs for certain AI acceleration tasks. Analyst projections suggest ASICs could capture 10%-15% of the accelerator market, signaling growing demand. With Nvidia's guidance projecting continued AI growth and Broadcom's technology serving as a backbone for AI infrastructure, investors see Broadcom as a key beneficiary. Read Also: Q4 GDP Holds At 2.3% After Minor Revision In Second Estimate How To Buy AVGO Stock Besides going to a brokerage platform to purchase a share - or fractional share - of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. For example, in Broadcom's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment. According to data from Benzinga Pro, AVGO has a 52-week high of $251.88 and a 52-week low of $119.76. AVGOBroadcom Inc$209.13-1.79%OverviewMarket News and Data brought to you by Benzinga APIs

Broadcom Shares Are On The Rise Today: What's Going On? - Broadcom (NASDAQ:AVGO)

Broadcom Inc. AVGO shares are moving higher Wednesday after the company announced the availability of its end-to-end PCIe Gen 6 portfolio and a partnership with Micron Technology for AI infrastructure expansion. What To Know: Broadcom is extending its PCIe leadership by offering early access to its PCIe Gen 6 Interop Development Platform, which enhances interoperability and system design with advanced telemetry and diagnostics. In collaboration with Micron and Teledyne LeCroy, Broadcom has tested its high-port switch and timer for compliance, supporting open AI infrastructure solutions. The AI industry, including hyperscalers and system manufacturers, is incorporating Broadcom's PCIe Gen 6 technology into next-generation AI rack solutions. Broadcom's connectivity portfolio is built on in-house SerDes technology and features extended reach, lower power dissipation and streamlined interoperability. By partnering with PCIe industry leaders, Broadcom aims to provide fully validated PCIe Gen 6 building blocks for AI workloads. Broadcom's stock has surged 643% over the past five years and 55% in the last 12 months. The company reached a trillion-dollar valuation in 2024, driven by demand for AI-related technology. BofA Securities analyst Vivek Arya remains optimistic about Broadcom but does not expect it to challenge Nvidia's dominance in the GPU market. He predicts ASICs, including Broadcom's, could capture 10%-15% of the overall accelerator market. AVGO Price Action: Broadcom shares closed Wednesday up 5.13% at $212.94, according to Benzinga Pro. Read Next: Bitcoin Tumbles Below $85,000 Amid President Trump's EU Tariff Threats AVGOBroadcom Inc$213.895.60%OverviewMarket News and Data brought to you by Benzinga APIs

Broadcom Expands AI Infrastructure With PCIe Gen 6, Partners With Micron for Seamless Integration - Broadcom (NASDAQ:AVGO)

On Tuesday, Broadcom Inc AVGO announced the availability of its end-to-end PCIe Gen 6 portfolio. Broadcom has extended its multi-generational PCIe leadership by allowing early access to its PCIe Gen 6 Interop Development Platform (IDP), which simplifies interoperability and system design with its advanced telemetry and diagnostics capabilities. In collaboration with Micron Technology, Inc MU and Teledyne LeCroy, Broadcom also successfully tested its high-port switch and timer for interoperability and compliance enablement, empowering open AI infrastructure solutions. Also Read: Amazon's $25 Billion Robotics Push Targets Cost Savings, AI Growth And Temu Competition: Report The AI industry, including hyperscalers and system ODM/OEMs, is now designing next-generation AI rack solutions based on the Broadcom PCIe Gen 6 connectivity portfolio. The Broadcom connectivity portfolio utilizes its in-house SerDes, catering to custom XPUs. Additionally, the design features include extended reach, lower power dissipation, and simplified interop and end-to-end management. This ensures that the open AI infrastructure ecosystem is powered by scalable and power-efficient interconnect solutions. By collaborating with PCIe industry leaders like Micron and Teledyne LeCroy for early enablement and testing, Broadcom assures customers of fully validated PCIe Gen 6 building blocks to meet the demands of AI platforms and workloads. Application-specific Integrated Circuit (ASIC) vendor Broadcom joined the trillion-dollar valuation club in 2024, backed by the AI frenzy. Broadcom stock surged 643% in the last five years and 55% in the previous 12 months. BofA Securities' Vivek Arya expressed optimism over Broadcom's prospects. However, he does not expect Nvidia Corp NVDA GPUs to lose their 80%+ share. He expects ASICs to win over a 10%-15% share of the overall accelerator market. Price Action: AVGO stock traded higher by 2.47% to $207.54 premarket at the last check on Wednesday. Also Read: International Game Technology Misses Q4 Earnings Estimates Amid Jackpot Slowdown Image via Shutterstock AVGOBroadcom Inc$207.562.48%OverviewMUMicron Technology Inc$96.223.22%NVDANVIDIA Corp$129.712.43%Market News and Data brought to you by Benzinga APIs