By Simply Wall St
Publication Date: 2026-05-03 13:08:00
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Broadcom launched its fourth wave of Wi-Fi 8 chips and a new 10G PON chip, expanding its broadband product lineup.
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The release aims to support wider deployment of high-capacity, lower-latency Wi-Fi 8 and fiber services to mass-market users.
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The new chips are designed to cut cost and complexity for service providers rolling out next generation broadband networks.
Broadcom, listed as NasdaqGS:AVGO, is adding this broadband-focused launch to a story that has recently centered on AI and cloud software. The shares last closed at $421.28, with a 1 year return of 108.6% and a very large 5 year return. For readers tracking shorter moves, the stock shows a 33.9% return over 30 days and a 21.2% return year to date, alongside a small 0.4% decline over the past week.
This new Wi-Fi 8 and 10G PON push offers another angle to consider for…