Broadcom Stock (AVGO) Climbs on Launching Industry’s First 50G PON Gateway Chip with Built-In AI

Broadcom Stock (AVGO) Climbs on Launching Industry’s First 50G PON Gateway Chip with Built-In AI

By Radhika Saraogi
Publication Date: 2026-05-26 19:48:00

Broadcom ($AVGO) shares rose more than 2% Tuesday after the company introduced the BCM68850, a new home-gateway chip designed for faster internet speeds, on-device …