Broadcom Chipset Fuels FS's High-Performance AI Networking Solutions

Anusuya Lahiri

September 25, 2024

On Wednesday, ICT products and solutions provider FS announced its latest 400G and 800G Ethernet switches, powered by Broadcom Inc’s (NASDAQ:AVGO) Tomahawk 5 chipset, for the large AI clusters.

The switches are ideal for AI, big data, high-performance computing (HPC), and distributed storage.

FS introduced 400G and 800G AI switches with RoCE protocol support to handle large data volumes with low latency and high throughput.

Also Read: Broadcom Eyes $12B in AI Chip Revenue for 2024, Hyperscaler Spending Surge: Goldman Sachs

Broadcom stock has risen 110% in the last 12 months as it capitalized on the AI shift.

According to JPMorgan, Broadcom’s AI business, which includes custom ASICs and networking solutions, will likely note a compound annual growth rate of 30%-40% over the next four to five years.

JPMorgan analyst Harlan Sur projected upside from higher demand for AI networking products and 3nm AI ASICs from hyperscalars like Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms Inc (NASDAQ:META).

Also, earlier this week, Broadcom launched Sian 2 digital signal processing (DSP) for high-performance AI data centers.

Investors can gain exposure to Broadcom through SPDR Select Sector Fund – Technology (NYSE:XLK) and iShares Russell 1000 Growth ETF (NYSE:IWF).

Price Action: AVGO stock is down 1.06% at $172.98 premarket at the last check Wednesday.

Also Read:

AI-Driven Chipmakers Like Nvidia and Broadcom Rally After Fed’s Interest Rate Slash

Photo by Dennis Diatel via Shutterstock

Recommended

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

If You Wait for FDA Approval, It Could Be Too Late ... - Ad

Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad

LONDON (AP) — Meta was punished Friday with a fine worth more than $100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users.

Court throws out manslaughter charge against clerk in Detroit gas station shooting

DETROIT (AP) — The Michigan Court of Appeals threw out a manslaughter charge against a Detroit gas station clerk who locked the door before an , killing one.

Collect 10%+ Dividends From AI's Explosive Growth?

Collect 10%+ Dividends From AI's Explosive Growth? - Ad

This one-of-a-kind fund is set to pay out a tsunami of profits to shareholders... Giving you the chance to collect 10%+ dividend yields, year after year! In his brand-new "AI Income Playbook," Marc Lichtenfeld gives you the full scoop on this breakthrough fund... Including its name, ticker symbol, and profit potential.

Google expert at antitrust trial says government underestimates competition for online ad dollars

ALEXANDRIA, Va, (AP) — Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant faces, an expert hired by Google testified Thursday.

Why Is Rocket Lab Stock Up Today?

Rocket Lab shares are climbing again Friday after Keybanc raised its price target on the stock from $8 to $11. Here's a look at what's going on:

U.S. Loses to China in Shocking WAR GAMES

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Shark Tank's Barbara Corcoran Reveals Her Struggle With Alzheimer's In Her Family

Barbara Corcoran, renowned real estate mogul and star of "Shark Tank," has opened up about her personal encounter with Alzheimer's disease, following the loss of her mother to the condition.

What's Going On With Honeywell International Stock Today?

Honeywell International shares rose 1.57% to $210.41 after announcing a dividend increase from $4.32 to $4.52 per share, effective December.

America Can't Afford a Harris Presidency

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Police are probing a cyberattack on Wi-Fi networks at UK train stations

LONDON (AP) — U.K. transport officials and police said Thursday they are investigating a “cyber-security incident” that hit the public Wi-Fi networks at the country’s biggest railway stations.

South Korea sets a compensation plan for dog meat farmers before the 2027 ban

SEOUL, South Korea (AP) — South Korea announced plans Thursday to compensate famers and others in the country's dwindling dog meat industry before a formal ban goes effect in 2027, a move that is drawing opposition from both farmers and animal rights activists.

Revolutionary Tech Alert: How Elon Musk Is Changing Lives

Revolutionary Tech Alert: How Elon Musk Is Changing Lives - Ad

"Elon Musk's Neuralink just received FDA breakthrough status for a revolutionary device designed to restore vision to those who've lost it entirely. And the first human clinical trials have opened for recruitment. This is more than just a medical miracle -- it's a wealth-building opportunity. I believe Elon Musk's groundbreaking technology could unlock tremendous financial opportunities for early investors... And I've found a way for you to get in on the action." --Eric Fry

What to know about the party vote that will determine Japan's next leader

TOKYO (AP) — The governing party of outgoing Japanese holds a key vote Friday that will establish a new national leader.

New Jersey hits pause on an offshore wind farm that can't find turbine blades

TRENTON, N.J. (AP) — New Jersey Wednesday on an offshore wind energy project that is having a hard time finding someone to manufacture blades for its turbines.

Financial Nightmare Coming After Election

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

Judge approves $600 million settlement in fiery Ohio derailment

A federal judge on Wednesday approved a $600 million class-action settlement Wednesday that Norfolk Southern railroad offered to everyone who lived within 20 miles (32 kilometers) of last year's n East Palestine, Ohio.

British PM Dines With Trump, Skips Meeting With Kamala Harris Due To 'Usual Diary Challenges'

Neither the U.K. government nor Trump have disclosed the topics discussed during the dinner.

Why We Just Sold Half of Our Stocks

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Stock market today: Asian markets surge higher after Wall Street takes a breather

Shares rolled higher in Asia on Thursday after U.S. stocks edged back from their records.

Longshoremen from Maine to Texas appear likely to go on strike, seaport CEO says

SAVANNAH, Ga. (AP) — The chief executive over Georgia's two booming seaports said Tuesday that a strike next week by dockworkers across the U.S. East and Gulf coasts appears likely, though he's hopeful the resulting shutdown would last only a few days.

New "Living Missile" to Replace Nuclear Missiles

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees

The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission that it reaped millions of dollars via deceptive business practices, including forcing tenants to pay undisclosed fees on top of their monthly rent.

Bitcoin ETF Surge In Pre-Market As King Crypto Hits $63,500

The cryptocurrency market has seen a significant surge in pre-market activity after Bitcoin (CRYPTO: BTC) reached a new high of $63,500.

Oil = Monthly Income

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Vertex Energy Files For Chapter 11 Bankruptcy, Secures $80M Lifeline Financing

Vertex Energy shares tumble as the company files for Chapter 11 and secures $80 million in financing.

Cannabis Licensing And Finding Dispensaries In New York Just Got Easierâ€”Here's How

New York's OCM launches LOCAL map, simplifying cannabis licensing and compliance, empowering applicants and consumers.

5 Stocks That Could Triple in a Week

5 Stocks That Could Triple in a Week - Ad

What if I told you that I have a system that has detected when these tiny stocks are on the verge of exploding... And what if I told you my system has targeted 5 new stocks that could triple as early as next week? Pay just $5 for a full year of Stealth Trades before this deal disappears!

Lose Weight With Novo Nordisk Drugs, Gain Money With Stock

If understood an applied correctly, technical analysis is the study or investor and trader psychology. The chart of NVO shows this.

Baltimore longshoremen sue owner and manager of ship that caused the Key Bridge collapse

BALTIMORE (AP) — A group of Baltimore longshoremen have sued the owner and manager of the ship that caused the , arguing the companies should compensate them for wages lost while the port was closed in the aftermath of the deadly disaster.

This Is How the AI Bull Market Ends

This Is How the AI Bull Market Ends - Ad

The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.

Trump Vs Harris: This Candidate Has The Edge In Latest Swing State Polls

With just over six weeks left until the presidential election, recent polling data reveals a neck-and-neck contest between Kamala Harris and Donald Trump.

'Possible, But Not Probable': Steve Jobs' Witty Transportation Answer In 1973 Resume Earns Him Online Accolades â€” Bill Gates $15k Salary No Less Impressive In The Same Era

The early career resumes of Steve Jobs and Bill Gates, shared online, reveal impressive skills and ambitions at the age of 18, highlighting their early interest in technology and foreshadowing their future success in the tech industry.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Pakistan says the IMF has approved a $7 billion loan

ISLAMABAD (AP) — The executive board of the International Monetary Fund has approved a new $7 billion loan for cash-strapped Pakistan, authorities said Wednesday, more than two months after the two sides said they had reached an agreement.

European Inflation Drop Raises ECB Rate Cut Chances

European inflation reported in France and Spain slowed in September below the European Central Bank's (ECB) target rate of 2%. This has raised chances of an ECB interest rate cut at its meeting next month.

Don't Wait for FDA Approval

Don't Wait for FDA Approval - Ad

Biotech stocks are booming in 2024, but picking winners is tough--most drugs face a decade-long FDA approval process. However, a special FDA signal has led to stock spikes 97% of the time. Now, I believe one drug company is on the verge of getting this FDA signal.

Scaramucci: Donald Trump Is A 'Team Of One', Kamala Harris Has 'Done An Incredible Job'

Despite Kamala Harris starting late, she has made good ground in the presidential race, according to Anthony Scaramucci.

Nasdaq-Traded Cannabis Producer Bright Green Corporation Faces Delisting, Focuses On Strategic Growth

Bright Green Corporation addresses Nasdaq delisting, reinforces its commitment to shareholders, and outlines strategic partnerships and growth plans for the future.

Buffett's Big A.I. Secret (Handle With Care)

Buffett's Big A.I. Secret (Handle With Care) - Ad

A.I. is the talk of the town...But here's what they're NOT telling you. Former investment banking V.P. Ross Givens is letting the cat out of the bag. He's leaking a revolutionary new development, which changes everything. It will kick off A.I.'s massive second wave.

Tropical Storm John causing severe flooding along Mexico's Pacific coast

MEXICO CITY (AP) — Authorities in the Pacific coast resort of Acapulco were calling for help from anyone with a boat to help with water rescues as Tropical Storm John, which has caused a total of eight deaths in southern Mexico, dumped copious amounts of rain.

Trending Now