The Motley Fool Analyst: Broadcom's AI Hardware Business Shows Strong Growth, Raising FY2027 AI Semiconductor Revenue Guidance to $115 Billion
The Motley Fool analyst Keithen Drury wrote that Broadcom is a smarter investment choice than Advanced Micro Devices (AMD) in the AI hardware sector. The analysis indicates that Broadcom's AI semiconductor revenue reached $16.7 billion in the third quarter of fiscal year 2027 (ending August 2), a year-over-year increase of 221%. The company also raised its AI semiconductor revenue guidance for fiscal year 2027 from $100 billion to $115 billion, with an expectation to double to $230 billion in 2028. The analyst believes that Broadcom has strong growth momentum in custom AI chips and a more attractive valuation compared to AMD.
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