Reported 8 months ago
Broadcom Inc announced significant updates to its VMware Cloud Foundation (VCF), focusing on faster infrastructure modernization, improved developer productivity, and enhanced cybersecurity at a low total cost of ownership. The VCF enhancements aim to integrate enterprise-class computing, networking, storage, management, and security, with the new VCF Import feature allowing seamless integration of existing vSphere and vSAN environments. Analysts highlight Broadcom's leading position in the AI semiconductor market and anticipate significant revenue growth in the coming years, driven by the increasing demand for custom ASIC solutions in AI computing. Broadcom stock traded higher by 0.30% on Tuesday.
Source: YAHOO