AISiliconANGLEabout 2 hours ago
Broadcom beats estimates as AI chip demand surges
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Broadcom beat Q3 estimates with $29.59 billion revenue, up 86% year over year, but stock fell on weak guidance. CEO Hock Tan forecast AI revenue doubling to $115 billion next year, with custom chips for OpenAI, Google, Meta, and Anthropic driving growth.
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