Broadcom Launches VMware Cloud Foundation 9.0, Transforming Private Cloud Solutions for AI Applications

Broadcom Inc. (NASDAQ:AVGO) is highlighted by hedge funds as a top QQQ stock. On June 17, the company launched VMware Cloud Foundation (VCF) 9.0, enhancing its private cloud platform significantly. VCF 9.0 is designed to unify operations across data centers, edge environments, and managed cloud infrastructures, combining public cloud agility with the security and control of on-premises solutions. It supports a range of applications, from traditional to AI, with consistent governance and operations. The platform features a streamlined interface for cloud administrators, enabling quicker setup via a Quick Start App, along with integrated cost management and centralized access controls. Developers benefit from frictionless cloud consumption and automated IaaS services. Despite Broadcom’s potential, other AI stocks may offer better upside and lower risk. The article encourages examining undervalued AI stocks, particularly those benefiting from recent trends.

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