Story perspectives
Broadcom Beats Estimates with $17.4B AI Chip Surge
9/5/2025
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Story summary
- Broadcom projects fourth-quarter revenue of $17.4 billion, surpassing Wall Street's $17.01 billion estimate, due to high demand for custom AI chips.
- AI revenue increased by 63% to $5.2 billion in Q3, with a forecast of $6.2 billion for Q4.
- Q3 earnings were $1.69 per share, with revenue reaching $15.96 billion, exceeding expectations.
