Broadcom forecasts AI semiconductor revenue to double again in fiscal 2027 and 2028
Broadcom (NASDAQ: AVGO) predicts its AI semiconductor revenue will more than double in fiscal 2027 and then double yet again in fiscal 2028. The company's AI semiconductor segment revenue already more than doubled in its fiscal 2026 second quarter, contributing over 60% of total sales. Net income for the quarter jumped 88% year over year, outpacing overall revenue growth.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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