Broadcom Reports Strong AI Growth, Outpaces Competitors in Custom Chip Development

The semiconductor giant raised its dividend and projected robust AI-driven revenue growth through 2027, reinforcing its leadership in the AI chip market.

Broadcom reported a 51% year-over-year revenue increase in Q4 2024, driven by strong demand for AI-related products and services.
The company projects fiscal 2025 AI revenue to grow 40% year-over-year, reaching $17-$18 billion, supported by advancements in its custom ASIC technology.
Analysts highlighted Broadcom’s leadership in 3nm AI chip development, positioning it ahead of competitors like Nvidia and Marvell Technology.
Broadcom raised its quarterly dividend by 11% and provided fiscal 2025 revenue guidance of $62.7 billion, reflecting sustained growth across its diversified portfolio.
The company anticipates its AI serviceable available market to expand significantly, projecting up to $90 billion by 2027 from $20 billion in 2024.