Broadcom Inc. (AVGO) Launches new Wi-Fi Products at CES 2026

Broadcom Inc. (NASDAQ:AVGO) is one of the Best Stocks to Buy for High Returns in 2026. On January 6, Broadcom Inc. (NASDAQ:AVGO) launched new Wi-Fi products at CES 2026 in Las Vegas. The products include the BCM4918 accelerated processing unit and two Wi-Fi 8 chipsets, including BCM6714 and BCM6719.

​Management noted that these new product launches are based on their earlier BCM6718, which is aimed at powering “agentic” AI apps in homes. Moreover, the Wi-Fi 8 Platform is the company’s next-generation wireless standard that combines ultra-high throughput, low latency, and AI-driven smarts for optimizing connections automatically. Management added that these advancements are a turning point as Wi-Fi merges broadband, computing, and AI intelligence.

That said, Wall Street has a positive opinion on Broadcom Inc. (NASDAQ:AVGO). Recently, on January 5, James Schneider from Goldman Sachs reiterated a Buy rating on the stock with a $450 price target. A day earlier, on January 4, Blayne Curtis from Jefferies also reiterated a Buy rating on the stock without disclosing any price target. Goldman Sachs has added Broadcom Inc. (NASDAQ:AVGO) to its US Conviction List, which is a list of 20 to 25 stocks that the firm believes are fundamental buy ideas for 2026.

​Broadcom Inc. (NASDAQ:AVGO) designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide. The company operates in two segments: Semiconductor Solutions and Infrastructure Software.

While we acknowledge the potential of AVGO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AVGO and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.