On Wednesday, Broadcom Inc AVGO, Charter Communications Inc CHTR, and Comcast Corp CMCSA announced the joint development of Unified DOCSIS chipsets for network nodes, smart amps, and cable modems.
The chipsets enable FDX and ESD versions of the DOCSIS 4.0 specification and set the stage for delivering over 25 Gbps speeds over existing networks.
“By pushing the benefits of AI and ML to the edge of our network, we are maximizing network performance, improving the internet experience, and introducing new and exciting services to support our customers’ incredible appetite for more, higher quality data,” said Charlie Herrin, President, Technology, Product, Experience, Comcast.
Also on Wednesday, ICT provider FS revealed its 400G and 800G Ethernet switches, powered by Broadcom Tomahawk 5 chipsets for AI, big data, high-performance computing (HPC), and distributed storage.
Broadcom launched Sian 2 digital signal processing (DSP) for high-performance AI data centers earlier this week.
Broadcom stock is up 110% as it capitalizes on the AI shit.
Charter Communications stock has been down 28% in the last 12 months due to residential Internet customer loss caused by the expiry of the FCC’s Affordable Connectivity Program (“ACP”) subsidies. Comcast stock is down 9% as broadband and video subscriber losses and lower revenue from Theme Parks and Studios weigh on the stock.
Price Actions: AVGO stock is up 0.29% at $175.34 at the last check Wednesday.
Photo via Wikimedia Commons
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.