Broadcom CEO Hock Tan confirms plans to ship 10 gigawatts of AI compute capacity by 2027, projecting over $100 billion in AI chip revenue across six major

Broadcom's AI chip sales are growing rapidly, with a projected $40 billion in revenue this fiscal year and a $73 billion backlog.

(Corrects to say adjusted profit beat estimates, not trailed, in paragraph 7)June 3 : Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting…

Broadcom forecast that AI semiconductor revenue will be $16 billion in Q3, missing analyst estimates of $17.2 billion.

Broadcom posted record Q2 revenue of $22.2B with AI semiconductor sales surging 143% YoY to $10.8B, and guided for $29.4B in Q3 revenue.

Broadcom's Q2 AI revenue surged 143% to $10.8 billion, but Q3 guidance of $16 billion missed Wall Street's $17.2 billion estimate, sparking an 11-13% stock

Broadcom posted record $22.19B revenue and 143% AI chip growth, but shares dropped 4% after hours as investors sold the news on sky-high expectations.

Broadcom CEO Hock Tan confirms plans to ship 10 gigawatts of AI compute capacity by 2027, projecting over $100 billion in AI chip revenue across six major

Broadcom CEO Hock Tan extended AI order visibility to 2028, reporting $22.2B in Q2 revenue and $30B in AI bookings alongside a new $35B financing platform.

The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but its refusal to raise its long-term sales target sent shares tumbling more than…

AI semiconductor sales hit $10.8 billion in the quarter, up 143% year over year, but shares fell on an underwhelming AI chip forecast

Investors punish Broadcom as strong AI growth falls short of hopes

Broadcom says OpenAI and Anthropic are consuming AI compute faster than expected, signaling accelerating infrastructure demand.

Broadcom's AI chip revenue surged 143% YoY to $10.8B, but its Q3 forecast of $16B missed estimates, triggering a 13%+ stock drop and $250B in lost value.

Broadcom, Apollo and Blackstone are partnering to deploy over 20 gigawatts of AI compute capacity through 2028.

At Bloomberg Tech, Hock Tan said Broadcom is less focused on acquisitions because surging AI revenue makes organic growth the better bet.

Broadcom CEO Hock Tan shifts strategy from acquisitions to AI organic growth, projecting AI semiconductor revenue to surpass $100 billion by fiscal 2027.