Broadcom forecasts upbeat quarterly revenue on strong demand for AI chips and networking

Summary

Broadcom projected first-quarter revenue above Wall Street estimates, attributing the outlook to sustained demand for AI silicon and data-center networking. The company said its AI semiconductor revenue (including custom accelerators and networking chips used in AI data centers) is expected to double to about $8.2B in the fiscal first quarter. The update reinforces that spending on AI infrastructure is still accelerating, especially in high-bandwidth interconnects and custom silicon programs. For the competitive landscape, it signals continued diversification beyond GPUs toward specialized accelerators and the networking stack that makes large-scale training and inference viable.