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Revenue surged nearly 30% to $19.3B in Q1, with AI semiconductor revenue doubling.
Broadcom's AI semiconductor revenue doubled year-over-year to $8.4 billion in Q1.
KEY POINTS
- Broadcom has secured supply agreements with six strategic AI customers through 2028.
- The company projects visibility toward $100 billion in AI chip revenue by 2027.
- AI networking now comprises 40% of Broadcom's AI revenue, up from one-third previously.
COMPANIES
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