Broadcom (AVGO) announced new features for VMware vDefend and Avi Load Balancer to combat AI-driven cyberattacks, and expects its AI chip business revenue to exceed $100 billion by 2027.
Broadcom announced new features for VMware vDefend and Avi Load Balancer on August 6, including native API protection, local malware sandboxing, and comprehensive air-gap support, designed to combat AI-driven cyberattacks. Meanwhile, CEO Hock Tan expects its AI semiconductor business to generate over $100 billion in revenue by 2027, with the business already achieving $10.8 billion in revenue in the second quarter, a 143% year-over-year increase. Currently, Google is its main chip buyer, and other major customers like Meta Platforms are expected to increase orders by 2027.
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