Broadcom Projects Rapid Growth in AI Chips

Broadcom Projects Rapid Growth in AI Chips

By Martin Peers
Publication Date: 2026-03-05 13:35:00

Chip designer Broadcom reported 29% revenue growth for the January quarter driven by 106% expansion in revenue from its fast-expanding AI chip business.

Broadcom helps companies such as Google and Meta design their own AI chips and that business is taking off. On a conference call with Wall Street analysts, CEO Hock Tan projected that AI chip revenue would surge 140% to $10.7 billion in the