Broadcom Inc. (NASDAQ:AVGO) on Wednesday unveiled a series of new partnerships and products aimed at expanding its presence in next-generation broadband connectivity and artificial intelligence infrastructure.
The company announced a collaboration with Samsung Electronics Co., Ltd. (OTC:SSNLF) to launch what it called the industry’s first integrated 5G and Wi-Fi 8 fixed wireless access platform.
The platform combines Broadcom’s BCM6776 Wi-Fi 8 system-on-chip with Samsung’s B1320 5G modem to support broadband services for global telecom operators.
Broadcom said the platform integrates 3GPP Release 17 connectivity with the emerging Wi-Fi 8 standard, aiming to deliver higher reliability, lower power consumption and fiber-like broadband performance for fixed wireless access deployments.
“At Computex 2026, we are highlighting that the future of home internet can be both accessible and affordable,” said Joonsuk Kim, executive vice president and head of CP Development at Samsung Electronics. “This platform is designed to deliver reliable performance across a wide range of environments, helping operators bring high-quality connectivity experiences to subscribers.”
Vijay Nagarajan, vice president of marketing in Broadcom’s Wireless and Broadband Communications Division, said the partnership “is a game-changer for the FWA market.”
Broadcom Expands Wi-Fi 8 Portfolio
Separately, Broadcom introduced three new Wi-Fi 8 chips — BCM6772, BCM6774 and BCM6776 — designed for mesh systems and multi-gigabit home routers.
The company said the chips integrate processors, Wi-Fi radios and Ethernet functionality into a single design to reduce costs, simplify manufacturing and lower power consumption.
“Broadcom isn’t just shipping silicon; we are providing the blueprint for the next generation of the connected home,” said Mark Gonikberg, senior vice president and general manager of Broadcom’s Wireless and Broadband Communications Division.
Partners including ASUS, NETGEAR and TP-Link Systems Inc. said the new chips would support future AI-driven and multi-gigabit networking products.
FuriosaAI Partnership Targets Agentic AI Infrastructure
Broadcom also announced a strategic partnership with FuriosaAI to develop a next-generation AI inference platform for large-scale agentic AI workloads.
The companies plan to combine FuriosaAI’s Tensor Contraction Processor architecture with Broadcom’s networking and chip packaging technologies to build scalable AI compute clusters.
Charlie Kawwas, president of Broadcom’s Semiconductor Solutions Group, said inference performance increasingly depends on “data reuse and communication efficiency across servers and racks.”
FuriosaAI said sampling of the new platform is expected to begin in the first half of 2028.
Broadcom Earnings Preview
The countdown is on: Broadcom is set to report earnings on June 3, 2026 (confirmed).
- EPS Estimate: $2.32 (Up from $1.58 YoY)
- Revenue Estimate: $22.08 Billion (Up from $15.00 Billion YoY)
- Valuation: P/E of 82.3x (Indicates premium valuation relative to peers)
Analyst Consensus & Recent Actions
The stock carries a Buy rating with an average price forecast of $482.00 (49 analysts), with forecasts ranging from $335.00 to $582.00. Recent analyst moves include:
- UBS: Buy (Raises forecast to $490.00) (May 18)
- TD Cowen: Buy (Raises forecast to $500.00) (May 15)
- Wells Fargo: Overweight (Raises forecast to $545.00) (May 14)
AVGO ETF Exposure
- iShares Expanded Tech Sector ETF (NYSE:IGM): 9.12% Weight
- ProShares Ultra Semiconductors (NYSE:USD): 8.93% Weight
- FT Cboe Vest Technology Dividend Target Income ETF (NASDAQ:TDVI): 9.62% Weight
Significance: Because AVGO carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
AVGO Stock Price Activity
Broadcom shares were down 0.29% at $420.80 at the time of publication on Wednesday, according to Benzinga Pro data.
The stock is trading lower as chip-linked names cool off with the Nasdaq down 0.10% and traders lean into more defensive pockets of the market.
With Consumer Staples up 1.31% and Consumer Discretionary up 1.65%, AVGO’s dip reads more like rotation than a breakdown in the longer-term uptrend.
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