Broadcom Inc renowned chipmaker’s stock skyrocketed to 24.43%  as it entered into the artificial intelligence market which big made their investors happy and expected to make more revenue said by Broadcom CEO. Broadcom stock reaches over $224 currently and it expected to increase in 2025 as the company works on its big hyperscaler customers.

How much will Broadcom Inc. make?

Hock Tan, CEO of Broadcom said the company expected to generate $60 billion to $90 billion in revenue over the next three years from its existing hyperscalers customers but he didn’t name the company. Broadcom has big hyperscaler customers like  Hewlett Packard Enterprises..Etc 

Hock Tan restated that he believes his three hyperscalers will deploy 1 million clusters of custom AI Chips called XPUs by 2025 still, he didn’t mention his three giant customers and he also said they are already in development of  AI XPUs for the other two hyperscaler customers which will generate billions of dollar in revenue and he said he predicts massive gain in AI Industry in next three years in investors meeting this Thursday.

Who is the anonymous two new customers of Broadcom?

It could be OpenAI, the makers of Chatgpt, and Apple, these two companies working on the AI chips 

Broadcom’s share surged to $224.80 currently which 24.43% increase from its past price of $200 which makes it cross $1 trillion market cap. Apple and OpenAI working with Broadcom to develop AI chips which helps them reduce cost and dependency on Nvidia.

 Broadcom make chips for laptops, mobile phones and other electronics gadgets which make them big player in chip market, Currently they have two sections that AI Chips and Non AI Chips. 

AI Chips sales gained over $150% over the year but Non AI Chips revenue declined 23% which indicates every industry seek AI powered chip for their business to withstand competition and Tan also said AI semiconductor business will outgrow Non-AI semiconductor business in future. 

Study shows Ai chip manufacturing business will grow to 74% in 2025 while the overall semiconductor market will grow to 12%, this report is according to International Business Strategies.

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