Broadcom unveiled the industry's first enterprise Wi-Fi 8 access point and switch platform designed for AI-ready networks. The solution integrates an accelerated processing unit with an advanced Ethernet switch to manage real-time analytics at the enterprise edge. This launch expands Broadcom's footprint from data centers into on-site AI infrastructure.
Major network vendors have already committed to integrating the new Wi-Fi 8 platform into future product lineups.
Cathie Wood's ARK Invest acquired over 87,000 shares of Broadcom on the day of the announcement. The investment is valued at approximately $27 million.