Broadcom’s AI semiconductor business to top $100 billion in revenue in 2027
Broadcom has announced new VMware vDefend and Avi Load Balancer capabilities, expanding its infrastructure software business.
The company’s custom AI chip pipeline remains a key growth driver, with revenue expected to exceed $100 billion in 2027.
Total company revenue rose 48% year over year to $22.2 billion in the second quarter, with adjusted earnings per share climbing 54% to $2.44.