Broadcom reports 48% revenue growth to $22.2 billion, driven by strong demand for AI semiconductors and infrastructure software.
Broadcom posted a 48% year-over-year revenue increase to $22.2 billion in its fiscal Q2, ending May 3. AI semiconductor revenue jumped 143% to $10.8 billion, fueling the gains as demand from hyperscalers like Alphabet and Meta accelerated.
The company’s adjusted earnings per share rose 54% to $2.44, while free cash flow climbed 60% to $10.3 billion. Broadcom’s infrastructure software segment also contributed high-margin recurring revenue through subscription-based licenses.
Broadcom’s AI chip business is expected to continue growing, with partnerships expanding across major tech firms. The results reflect strong execution in custom chip design and software integration.