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Broadcom and Nvidia Forecast AI Semiconductor Revenue Growth

The Motley Fool +1 ·

NVDA NVIDIA Corp
$229.35 -0.49%
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  1. 1Broadcom CEO Hock Tan expects Broadcom's AI semiconductor revenue to reach $115 billion next year.
  2. 2Broadcom is projected to achieve $230 billion in AI semiconductor revenue by 2028.
  3. 3Nvidia executives expect Nvidia revenue growth to reach 70% in the next fiscal year.

So what's the key point?

AI semiconductor revenue for Broadcom and Nvidia is expected to show significant growth. Broadcom expects its revenue to reach $115 billion next year.

Source The Motley Fool +1 · View original ↗

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