By Geoffrey Seiler
Publication Date: 2026-03-13 19:15:00
While Broadcom (AVGO 4.11%) reported strong fiscal Q1 results this week, there were two things that really stuck out from the company’s earnings conference transcript that should get investors excited. Both are huge positives and why the stock should be considered a top buy today. Let’s take a closer look at these two revelations.
The custom AI chip opportunity
It’s no secret that Broadcom has a big artificial intelligence (AI) infrastructure opportunity in front of it, but the company helped crystallize that potential on its earnings call when it said it expected to generate over $100 billion in custom AI chip revenue by 2027. Notably, this was just for AI ASIC (application-specific integrated circuit) revenue and does not include AI data center networking revenue. The company said it has a clear line of sight with AI chip volumes expected to ramp from customers Alphabet, Anthropic, Meta Platforms, and OpenAI.
Image source: The Motley Fool.
That $100 billion is just a massive…
