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Stock impact report

Broadcom's Semiconductor Growth Picks Up: A Sign of More Upside? [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
In the fourth quarter of fiscal 2025, AI revenues surged 74% year over year to $6.5 billion. XPU adoption accelerated in the reported quarter as enterprises continue to use these to train their large language models and monetize their platforms through inference APIs and applications. Alphabet and Meta Platforms are major users of these XPUs. AVGO's expanding clientele, which now includes Anthropic, is driving growth. In the third quarter of fiscal 2025, Broadcom received a $10 billion order to sell Alphabet's latest TPU Ironwood racks to Anthropic. In the fourth quarter of fiscal 2025, Broadcom received an additional order worth $11 billion from the same customer. The company's current order backlog for AI switches exceeds $10 billion as AVGO's latest 102-terabit per second Tomahawk 6 switch continues to gain traction. AVGO now expects first-quarter fiscal 2026 AI revenues to double year over year to $8.2 billion. AVGO's networking portfolio is gaining from strong demand for Toma Show less Read more
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