đź’¨ Abstract

Broadcom forecasts Q2 revenue above expectations due to high demand for its custom AI chips from data-processing companies. This alleviated concerns after Marvell Technology's results disappointed the market. Broadcom expects a $4.4 billion revenue for its AI semiconductors in Q2, driven by hyperscale customers' investment in custom AI chips for data centers.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io