CEO BROADCOM HOCK TAN.
Lucas Jackson | Reuters
Reported to Broadco earnings in the first quarter On Thursday, at the top of the analyst expectations, and the chip manufacturer offered strong guidelines for a liquid quarter. The shares jumped 16% in extended trading.
Here’s how the company is in relation to the estimation of the LSEG consensus:
- Earnings per share: $ 1,60 adjusted to $ 1,49
- Income: Expected 14.92 billion USD compared to $ 14.61 billion
Broadcom said he expects about $ 14.9 billion in revenue in the second quarter, which is more than a $ 14.76 billion forecast by analysts at Wall Street. The revenue in the last quarter increased by 25% with $ 11.96 billion a year earlier.
The company announced that net income increased to $ 5.5 billion, or $ 1.14 per share, with $ 1.33 billion, or $ 28 cents per share last year.
Broadcom’s artificial intelligence business is located in the center of a recent company’s flourishing, which last year more than double the share price. The company is one of the main suppliers of infrastructure of AI data for AI, working on Google’s custom AI chips, as well as providing basic components for networking thousands of other chips together to develop advanced AI software.
Prior to the POP after working hours, the shares so far dropped about 23% 2025, as investors are partly rotated from risk due to concern President Donald Trump Tariffs.
Broadcom said that during the first quarter he recorded $ 4.1 billion in revenue than AI, which is 77% more annually. These sells are reported as part of Broadcom Semiconductor Solutions, which rose 11% to $ 8.21 billion during the quarter.
Executive director Broadcom Hock Tan said in a statement that the company expects “a continuation of the power in the AI semiconductor’s revenue”, reaching the scheduled $ 4.4 billion in the second quarter.
In December, Broadcom said he developed adapted AI chips with three large cloud customers.
The second major part of the Broadcoma revenue comes from his infrastructure software, which includes software from the VMWARE company to the fourth fiscal quarter 2023. Broadcom said that he recorded $ 6.7 billion in the quarterly, a software sales, which is a 47% increase in an annual basis.
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