Broadcom: AI chip revenue expected to reach $115B in 2027, double to $230B in 2028

Published Sep 3, 01:41 AM UTC

Editorial responsibility

Prepared by: WorldAttention Editorial Systems
Human review: No named human review is recorded for this page.
Automated steps: Source reporting is collected, normalized, translated or condensed automatically when needed.
Page status: Automatically published source-backed update

How automation and AI are used · Report a correction or rights issue

Broadcom released its quarterly results, reporting AI semiconductor revenue of $16.7 billion, up 221% year-over-year, representing 56% of total quarterly revenue of $29.6 billion. The company forecasts AI chip revenue will double twice, reaching $115 billion in 2027 and $230 billion in 2028. For the current quarter (Q4), Broadcom expects AI semiconductor revenue to climb to $21.7 billion, up 236% year-over-year, against total revenue guidance of $34.8 billion. At that level, AI semiconductors would approach 62% of quarterly sales, highlighting the rapid shift of Broadcom's revenue mix toward AI infrastructure, driven by custom accelerators and AI networking.

Source report

Broadcom has released its quarterly results, forecasting that its AI chip revenue will double in both 2027 and 2028.

The company projects AI semiconductor revenue could reach $115 billion in 2027 and $230 billion in 2028, representing two consecutive years of doubling.

Quarterly Performance Highlights

AI semiconductor revenue in the latest quarter: $16.7 billion, up 221% year over year
Total revenue: $29.6 billion, up 86% year over year
AI semiconductors now account for approximately 56% of Broadcom's quarterly revenue

Custom accelerators and AI networking have become central to Broadcom's growth trajectory.

Q4 Outlook

Broadcom expects its AI semiconductor revenue to climb further to $21.7 billion in Q4, representing a 236% year-over-year increase. The company's total revenue guidance for Q4 stands at $34.8 billion.

At these projected levels, AI semiconductors would approach 62% of quarterly sales, underscoring how rapidly Broadcom's revenue mix is shifting toward AI infrastructure.

Source

rohanpaul_aiNeutral / independent

Original headline: Broadcom quarterly results are out and now it expects AI chip revenue to double in 2027 and 2028 they say AI semiconductor revenue could hit $115B in 2027 and $230B in 2028, doubling twice. In the latest

Original language: EN

Part of this Story

Broadcom stock falls 5% on weak Q4 revenue forecast despite earnings beat and record AI chip sales

See the full Story: all sources and camp coverage