10 Must-Watch AI Stocks on Investors’ Radar

3. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 128

Broadcom Inc. (NASDAQ:AVGO) is a technology company known for its custom chip offerings and networking assets. On January 15, the company announced the launch of Brocade G710 24-port 64G switch, a new entry switch offering worry-free storage networking and security for small to medium-sized businesses. The Brocade G710 offers low-cost access to Gen 7 Fibre Channel technology. It is one of the lowest latency, energy-efficient Fibre Channel switches in the industry with a typical power draw of just 65 watts. The switch has also demonstrated the ability to address the most demanding application and storage requirements. Finally, it provides superior investment protection with the industry’s only lifetime warranty, offering access to technical experts 24×7 to troubleshoot and solve issues.

“Brocade Gen 7 Fibre Channel enables a cyber-resilient SAN that’s easy to deploy and manage while delivering the reliability, security and performance customers demand. Our new entry switch provides worry-free storage networking and no compromise security in an affordable solution that addresses the needs of on an always-on data center”.

-Dennis Makishima, vice president and general manager, Brocade Storage Networking division, Broadcom.