By Venkatesh
Publication Date: 2026-05-28 13:14:00
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Stocks in Steve Cohen’s Portfolio.
Broadcom Inc. (NASDAQ:AVGO) renewed its partnership with London Stock Exchange Group (LSEG) on May 19, 2026, with a new five-year agreement. The deal expands LSEG’s deployment of VMware Cloud Foundation 9 across its complex infrastructure, adding strength to its multi-cloud strategy. Broadcom Inc. (NASDAQ:AVGO) will supply dedicated professional services to transition LSEG to the unified platform. This private cloud architecture is engineered to improve security in addition to strengthening operational resilience and maximizing automation across high-performance, strictly regulated global trading environments.
In another development, on May 26, 2026, Broadcom Inc. (NASDAQ:AVGO) introduced the BCM68850 – the industry’s first 50G PON home gateway SoC equipped with an integrated Neural Processing Unit (NPU) and native Wi-Fi 8…