Wednesday, Broadcom Corporation (Nasdaq: AVGO) announced the Brocade G710 24-port 64G switch, a top-of-rack SAN switch.
Brocade Gen 7 Fiber Channel combines network resiliency and autonomous SAN technology into a cost-effective platform that integrates seamlessly into rack-based storage solutions, the company said.
The Brocade G710 switch expands the 64G SAN portfolio, which includes fixed-port switches, modular directors, expansion switches and management software.
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Built for small and medium-sized businesses, the Brocade G710 provides low-cost access to Gen 7 Fiber Channel technology.
At 64G speeds, port-to-port latency is 460 ns, making it the industry's lowest latency Fiber Channel switch. It is an energy-efficient Fiber Channel switch with a typical power consumption of only 65 watts.
According to the company, the G710 is an affordable Gen 7 entry point that starts with just 8 ports and can be expanded to up to 24 ports to support growing environments.
The switch meets the most demanding application and storage requirements, supporting speeds up to 64G and 1.5 Tb/s total bandwidth.
Brocade G710 switches are designed with a network-resilient architecture to ensure strong, high-level security for organizations' critical data and applications.
Broadcom shares have soared more than 106% in the past 12 months. Goldman Sachs Toshiya Hari pointed out that Broadcom and NVIDIA Corporation (NASDAQ: NVDA). It was supported by the AI semiconductor business, acceleration in the networking business, a cyclical partial recovery in the semiconductor portfolio, revenue growth, and software margin expansion.
Needham's N. Quinn Bolton expects benefits from unit growth in XPUs (general-purpose GPUs and very large-scale custom ASICs).
Investors can obtain investment opportunities in Broadcom through the following methods: Schwab U.S. Large Cap Growth ETF (NYSE: SCHG) and iShares Semiconductor ETF (Nasdaq: SOXX).
Price Action: AVGO shares were up 1.95% at $228.80 as of check Wednesday.
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