custom chips

Broadcom raises annual AI revenue estimate on demand for custom chips

Broadcom raises annual AI revenue estimate on demand for custom chips

Business
Jessica Roberts

(Reuters) -Chipmaker Broadcom (AVGO) raised its forecast for fiscal 2024 artificial intelligence revenue, citing higher demand for networking equipment and growing orders ...

Broadcom boosts revenue forecast from AI chips, unveils stock split

Broadcom boosts revenue forecast from AI chips, unveils stock split

Business
Jessica Roberts

By Arsheeya Bajwa (Reuters) -Broadcom raised its annual forecast for revenue from chips that help in artificial intelligence work by 10% on ...