US EditionWhat's Going On With Broadcom Stock Wednesday? - Broadcom (NASDAQ:AVGO)
Broadcom expanded AI hardware certification and introduced an open networking strategy to boost OEM/ODM participation and align private clouds with strategic goals.
- On Wednesday, Broadcom Inc. unveiled an open, extensible VMware Cloud Foundation ecosystem, and AVGO shares rose 1.72% to $358.20 in premarket trading.
- Expanding certification efforts, Broadcom Inc. increased OEM and ODM participation by expanding self-service ODM certification and edge ecosystem efforts and introduced an EVPN/BGP networking approach to improve interoperability.
- The AI ReadyNodes program certifies servers for AI training with Super Micro Computer, Inc. , while analysts said Broadcom's 10GW OpenAI deal could generate up to $300 Billion and Paul Turner emphasized an open ecosystem aligns private clouds with strategy.
- Investors responded favorably, reflecting confidence in Broadcom's AI and cloud strategy, as analysts said Broadcom's certification programs could shift demand for server vendors like Super Micro.
- Broadcom's approach positions it amid a broader industry shift toward open ecosystems, as its VMware Cloud Foundation ecosystem and AI partnerships could boost revenue and interoperability with major tech firms including Amazon, Google and Microsoft.
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Why Broadcom Stock Is Sinking Today
Key PointsSell-offs for artificial intelligence (AI) stocks are continuing in Thursday's trading, and the trend is hitting Broadcom's valuation. Investors are reacting to news that the government shutdown will result in the publication of less macroeconomic data. Lack of visibility on inflation could make the Federal Reserve less likely to deliver the interest rate cut investors are hoping for. 10 stocks we like better than Broadcom › Broadcom (…
Broadcom enhances VMware Cloud Foundation 9.0 with new partners—Cisco, Intel, OVHcloud, SNUC, and Supermicro—and introduces AI ReadyNodes, EVPN open networking, and AI Conformant Kubernetes support. An interoperable, flexible, and AI-ready private cloud ecosystem. The article "Broadcom expands VMware Cloud Foundation ecosystem with new partners and open standards" is an original 01net content.
Global Security Mag Online
Global Security Mag OnlineBroadcom Inc. announces the development of an open and expansive ecosystem for VMware Cloud Foundation (VCF), allowing companies to design, connect, protect and expand their modern private cloud environments. With these announcements, Broadcom offers a private cloud platform that is open and adaptable across all layers of infrastructure. Customers will benefit from increased flexibility to take advantage of their preferred hardware infrastructur…
Broadcom Expands VCF Open Ecosystem to Speed Up Modern Private Cloud Adoption
At VMware Explore Frankfurt, Broadcom announced significant upgrades to VMware Cloud Foundation (VCF). These changes aim to give companies more options for hardware, networking, and open-source software. The updates focus on an open, flexible ecosystem that lets customers build, connect, protect, and grow modern private clouds across data centers, edge locations, and hosted environments. VCF 9.0 now balances cloud-operating-model efficiency with…
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