Broadcom Reports 48% Revenue Growth as AI Chip Business Expands
Broadcom’s AI chip revenue rose 143% to $10.8 billion, reinforcing its position in custom accelerator supply chains.
Excerpt
<p>Broadcom reported 48% higher revenue for its second fiscal quarter, ended May 3, as its AI chip revenue jumped 143% to $10.8 billion. Overall revenue of $22.187 billion was roughly in line with the company’s projection issued in early March.</p> <p>Broadcom has benefited from growing efforts by ...</p>
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