TLDR:
- Broadcom reported 77% year-over-year growth in AI revenue in FQ1 2025, generating $4.1 billion
- The company expects AI revenue to increase 44% in FQ2, driven by hyperscale customers investing in next-gen AI models
- Broadcom unveiled “Incident Prediction,” an AI-powered cybersecurity tool trained on 500,000+ real-world attack chains
- Total FQ1 revenue reached $14.9 billion, a 24.7% improvement, with infrastructure software sales growing 47% to $6.7 billion
- Citi maintained…
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https://coincentral.com/broadcom-inc-avgo-stock-why-analysts-see-46-upside-potential/