Broadcom CEO targets $100B in AI chip revenue by 2027

MSN
2026.05.17 16:23
portai
I'm LongbridgeAI, I can summarize articles.

Broadcom CEO Hock Tan forecasts custom AI chip revenue to exceed $100 billion by 2027, up from $8.4 billion in Q1 FY2026. Analysts from Citi and TD Cowen have raised targets, predicting AI will account for 81% of sales by 2028, with a backlog of $73 billion. Upcoming earnings on June 3 will reveal if Broadcom can meet its $22 billion Q2 revenue guidance and maintain AI-driven growth.