Broadcom (NASDAQ:AVGO) Accelerates AI Revenue and Margins with Custom Chip Momentum
AI Revenue Surges Past $4.4B as Hyperscalers Ramp Custom Chips
Broadcom (NASDAQ:AVGO) is experiencing a sharp acceleration in AI-driven growth, with Q2 FY25 AI revenue surging 46% YoY to $4.4 billion. This momentum is backed by demand from three core hyperscaler customers deploying Broadcom’s custom AI accelerators and networking silicon. Notably, AI networking revenue jumped 70% YoY, now making up 40% of…
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https://www.tradingnews.com/news/broadcom-nasdaq-avgo-rockets-on-4-point-4-billion-ai-revenue
