PITTSBURGH – November 03, 2026 -- Expedient has acquired phoenixNAP's U.S. managed VMware cloud business, moving its clients onto a Broadcom Pinnacle tier provider before VMware Cloud Service Provider contracts for non-renewing partners end in March 2027. Terms were not disclosed.

The deal covers phoenixNAP's managed VMware cloud services and its Veeam-based backup and disaster recovery as a service (DRaaS) business. Both serve U.S. clients from phoenixNAP facilities in Phoenix, Arizona, and Ashburn, Virginia.

San Francisco – October 31, 2026 -- Merchant-built server-class Ethernet NIC revenue rose 40% year-over-year in calendar Q2 2024, reaching an annualized run-rate close to $5 billion, according to Crehan Research. The figures cover adapters, controllers and LOMs.

SmartNICs grow over 50% while mainstream NICs gain over 30%

Foundational/Performance Ethernet NIC revenue increased more than 30% year-over-year. DPU/IPU Ethernet SmartNIC revenue grew more than 50%. Crehan attributes the growth largely to numerous concurrent Ethernet speed and technology upgrades.

Vancouver – October 29, 2026 -- Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure to build AI compute capacity for Anthropic using Broadcom technology, with deliveries expected from calendar 2027.

A special purpose vehicle will buy Broadcom XPU AI accelerators and networking solutions and lease them to Anthropic. Broadcom will provide residual value support equal to the first lien portion of the financing. CEO Hock Tan said the deal validates that "there is capital available to finance such growth."

San Jose – October 13, 2026 -- UfiSpace is demonstrating a live 102.4Tbps liquid-cooled switch with 64 x 1.6T OSFP ports at OCP Global Summit 2026, aiming to prove thermal feasibility for 1.6T AI fabrics as data centers move toward extreme power densities.

Atlanta – October 08, 2026 -- Sercomm Corporation (TWSE: 5388) is making its RDK Video Accelerator set-top box, built on the Broadcom BCM74116 chipset, available as reference hardware for application developers, the company said, deepening its collaboration with Broadcom and expanding the hardware options available to the RDK open-source community.

London – October 07, 2026 -- The global data center virtualization market was valued at $29.75 billion in 2025 and is forecast to reach $60.90 billion by 2035, a 7.43% compound annual growth rate, according to a new study from DC Market Insights.

Delray Beach, Fla. – – September 28, 2026 -- The global micro-electro-mechanical system (MEMS) market is projected to grow from USD 19.06 billion in 2026 to USD 25.03 billion by 2032, expanding at a compound annual growth rate (CAGR) of 4.6%, according to MarketsandMarkets.