Broadcom unveils world’s first 5-nanometre PCIe solutions

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on Mar 6, 2024
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  • Broadcom's new retimers are aimed at meeting AI servers demands.
  • The chipmaker is scheduled to report its Q1 earnings this week.
  • $AVGO has more than doubled over the past twelve months.

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Shares of Broadcom Inc (NASDAQ: AVGO) opened nearly 4.0% up this morning after the multinational announced the world’s first 5nm PCIe solutions.

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What we know about Broadcom’s new PCIe solutions

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The release of its new retimers marks a meaningful progress in connectivity technology.

PCIe solutions that Broadcom unveiled on Wednesday offer extended reach, simplified interoperability, and lower power dissipation aimed at meeting the ever-escalating demands of AI servers. Vijay Janapaty – general manager of the company’s physical layer products division said in a press release today:

Our PCIe Gen5/Gen6 retimers with CXL support, together with our PEX switches, enable an open, flexible and industry standard based ecosystem for next-generation AI server fabric.

$AVGO has now more than doubled over the past twelve months.

Broadcom Inc to report Q1 earnings this week

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Broadcom also confirmed that samples of its Gen5 and Gen6 PCIe/CXL retimers are now available to its “early access customers and partners”.

The Nasdaq-listed firm is committed to launching its PCIe Gen7 solution as well in the near future to “accelerate the open AI ecosystem further”, as per the press release on Wednesday.

The news arrives only days after $AVGO agreed to sell its end-user computing (EUC) business to KKR – a private equity company based out of New York for about $4.0 billion as Invezz reported here.

Broadcom Inc is scheduled to post its earnings report for the first quarter this week. Consensus is for it earn $8.95 a share versus $9.83 per share a year ago.

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