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Analysis suggests Broadcom is NVIDIA's biggest competitor, with its AI semiconductor revenue projected to reach $230 billion by 2028.
Yahoo Finance published an article stating that NVIDIA's true competitor is not AMD, but Broadcom, due to its rapid growth in custom AI chips. The article notes that while NVIDIA's data center division reported Q2 revenue of $89.0 billion, a 117% year-over-year increase, Broadcom's AI semiconductor revenue reached $16.7 billion in Q3 (ending August 2), a 221% year-over-year increase. Broadcom expects its AI semiconductor revenue to double to $115.0 billion in 2027 and double again to $230.0 billion in 2028.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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