13d ago

Broadcom targets $29.4bn quarter as AI chip expectations surge

Broadcom projects $29.4bn in quarterly revenue as AI chip demand accelerates. Analysts warn the figure alone won't move the needle, investors are hunting for a guidance lift above the company's current $100bn AI revenue target. Analysts say a strong result alone will not satisfy investors, who want a major guidance upgrade well above Broadcom's current $100bn AI revenue target.

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Broadcom targets $29.4bn quarter as AI chip expectations surge

stream:bsky-jetstreamother13d ago kagi ↗

Broadcom projects $29.4bn in quarterly revenue as AI chip demand accelerates. Analysts warn the figure alone won't move the needle, investors are hunting for a guidance lift above the company's current $100bn AI revenue target. Analysts say a strong result alone will not satisfy investors, who want a major guidance upgrade well above Broadcom's current $100bn AI revenue target.