Broadcom (AVGO) Announces Launch of In-Flight Network Encryption Solution

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Most Profitable S&P 500 Stocks to Buy Now.

On March 19, 2026, Broadcom Inc. (NASDAQ:AVGO) announced it is shipping what it described as the first end-to-end Post-Quantum Cryptography-safe in-flight network encryption solution. The company said more than 120,000 Emulex SecureHBAs have already been deployed on OEM server platforms, with Everpure now integrating the technology into its FlashArray systems to complete the full-stack solution. Broadcom noted that the platform enables encryption of data across Fibre Channel networks and is designed to protect against “harvest now, decrypt later” threats as AI workloads move into production environments.

Broadcom (AVGO) Announces Launch of In-Flight Network Encryption Solution

A semiconductor. Photo by Tima Miroshnichenko on Pexels

On March 11, 2026, Broadcom also introduced its 3nm 400G/lane optical PAM-4 DSP, the Taurus BCM83640, designed for 1.6T transceivers. The company said the device delivers higher bandwidth density and efficiency, enabling transceiver manufacturers to produce lower-power solutions for AI-driven data center demand.

Earlier in the month, Morgan Stanley raised its price target on Broadcom to $470 from $462 and maintained an Overweight rating following a strong quarter. The firm said AI continues to drive upside while easing margin concerns, and stronger networking performance improves long-term visibility, with additional upside expected as ASIC programs scale.

Broadcom Inc. (NASDAQ:AVGO) develops semiconductor and infrastructure software solutions serving data center, networking, and enterprise markets.

While we acknowledge the risk and potential of AVGO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVGO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None.  Follow Insider Monkey on Google News.