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Broadcom Q4 Revenue Surpasses Estimates at $18.02B, AI Chip Sales to Double

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Broadcom Q4 revenue hit $18.02 billion, beating the $17.49 billion estimate. AI chip sales are expected to double to $8.2 billion in the next quarter. What is driving this growth? Custom designs for major hyperscalers. Adjusted EPS came in at $1.95, above the $1.86 forecast. Net income nearly doubled year-over-year. Semiconductor solutions revenue rose 22% to $11.07 billion. Infrastructure software revenue climbed 26% to $6.94 billion. Crypto markets are watching closely as AI demand surges.
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