Overview

• Broadcom achieved Q1 FY2025 revenue of $14.92 billion, marking a 25% year-over-year growth, with net income surging 315% to $5.5 billion.
• AI semiconductor revenue grew 77% year-over-year to $4.1 billion, driven by increasing demand from hyperscalers building AI data centers.
• Infrastructure software revenue reached $6.7 billion, a 47% increase, largely attributed to VMware Cloud Foundation adoption by 70% of Broadcom's top 10,000 customers.
• Broadcom's operating margins in its software business rose to 76%, reflecting cost-cutting measures and higher subscription-based revenue models.
• The company provided optimistic Q2 guidance, projecting $14.90 billion in revenue with AI-related income expected to grow further to $4.4 billion.