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Broadcom lifts Q4 revenue forecast on soaring AI chip demand

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California– Broadcom, the California-based semiconductor giant, projected stronger-than-expected fourth-quarter revenue on Thursday, driven by soaring demand for artificial intelligence chips that continue to reshape the global technology landscape.

The company reported $15.95 billion in revenue for its third quarter, a 22 percent jump from a year earlier, underscoring how AI hardware has become its most powerful growth engine. AI-related semiconductor sales surged 63 percent year-on-year to $5.2 billion, reinforcing Broadcom’s position as one of the central suppliers to Big Tech’s machine-learning infrastructure.

For the upcoming quarter, Broadcom forecasts revenue of $17.4 billion, above Wall Street’s consensus of about $17.01 billion. AI chip sales are expected to climb further, hitting $6.2 billion in the fourth quarter, extending the company’s streak of double-digit AI-driven growth.

Chief executive Hock Tan has repeatedly emphasized Broadcom’s unique position in supplying custom accelerators and networking chips to hyperscalers like Google, Meta, and ByteDance. Unlike traditional processors, these chips are optimized for efficiency and tailored to the demands of massive AI training models, giving Broadcom an advantage in a competitive semiconductor landscape dominated by Nvidia and AMD.

Investors responded positively to the forecast, with Broadcom shares rising between 1 and 1.6 percent in post-market trading. The stock has gained more than 30 percent since the start of the year, fueled by the accelerating adoption of AI and the company’s expanding product portfolio, including its Tomahawk Ultra and Jericho networking chips.

Industry analysts noted that Broadcom’s steady climb reflects not just the AI boom but also its ability to diversify across high-capacity data centers and enterprise solutions. With this performance, the company has now posted 11 consecutive quarters of AI revenue growth, a record that underscores both market demand and its ability to deliver at scale.

According to Reuters, the company’s bullish outlook further cements its reputation as a key player in the semiconductor surge, even as global supply chains and competitive pressures continue to test the industry.

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