reuters.com

Broadcom Lifts AI Chip Revenue Forecast for Fiscal 2027 and 2028

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Broadcom increased its fiscal 2027 AI chip revenue forecast to about $115 billion from $100 billion and expects AI chip revenue to roughly double to $230 billion in fiscal 2028. The company said it has secured enough supply to support the outlook as customer demand grows. Third-quarter AI chip sales rose to $16.7 billion, lifting total revenue to $29.59 billion, with adjusted profit of $3.32 per share.

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