Broadcom foresees AI revenue surpassing US$10 billion, no plans to rival Nvidia GPUs

Digitimes
By Jack WuJun 17, 2024, 3:54 am191 pts
Broadcom stated that the demand for AI networking products and customized accelerators from hyperscale customers is quite strong. For the second quarter of the fiscal year 2024 (ended May 5, 2024), AI-related revenue grew significantly by 280%, reaching US$3.1 billion, and is expected to surpass US$11 billion…

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