Broadcom Reports Strong Revenue Growth Driven by AI Chip Demand
Broadcom has reported fourth-quarter revenue that exceeded estimates, fueled by a surge in demand for AI chips. This follows a significant increase in AI chip revenue in Q2, where results also surpassed expectations. The company’s solid guidance for future growth underscores its strong position in the tech market and the ongoing demand in the AI sector.
Broadcom Reports Strong Revenue Growth Driven by AI Chip Demand
Broadcom has reported fourth-quarter revenue that exceeded estimates, fueled by a surge in demand for AI chips. This follows a significant increase in AI chip revenue in Q2, where results also surpassed expectations. The company’s solid guidance for future growth underscores its strong position in the tech market and the ongoing demand in the AI sector.
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