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StockNews.com
StockNews.com
Business
Anushka Dutta

1 Stock That Could Crush the Market for the Long Term

Broadcom Inc. (AVGO) operates as a designer, developer, and supplier of various semiconductor devices, focusing on complex digital, mixed-signal complementary metal oxide semiconductor-based devices and analog III-V-based products globally.

On August 22, AVGO and Tencent Holdings Limited (TCEHY) announced a strategic partnership to accelerate the adoption of high bandwidth co-packaged optics (CPO) network switches for cloud infrastructure. Under the partnership, AVGO would provide the 25.6-Tbps Humboldt CPO switch device, with TCEHY defining the system architecture to develop hardware and software for field deployment.

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