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Broadcom Lifts Forecast for AI Chip Revenue to About $115 Billion

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Broadcom said it now expects AI chip revenue of about $115 billion for the fiscal year ending October 2027, up from a prior view of over $100 billion, as hyperscalers seek custom processors beyond Nvidia. CEO Hock Tan said demand for its AI accelerators and networking still outpaces supply, while Q4 guidance of roughly $34.8 billion came just below consensus.

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