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2024-12-12 23:45:28
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ Broadcom Inc., a chip supplier for Apple Inc. and other big ...



✍️ Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, rallied in late trading after predicting a boom in demand for its artificial intelligence chips.
👉 Sales of Broadcom's AI products will gain 65% in the first quarter
👉 The addressable market for AI components will reach $90 billion by fiscal 2027
👉 Broadcom has picked up two major new hyperscaler customers
👉 AI revenue grew 220% in the last fiscal year

#HockTan #PaloAlto,California #technology

https://s.yimg.com/ny/api/res/1.2/D87.kIST3bBYMt3PPmOXIw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_technology_68/17d019fcc2eb680b23ecbacc8490eb78

https://finance.yahoo.com/news/broadcom-earnings-top-estimates-ai-213648035.html

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