Broadcom sees over $100 billion in AI chip sales by 2027 on robust custom chip demand

Broadcom sees over $100 billion in AI chip sales by 2027 on robust custom chip demand

Big Tech firms such as Alphabet, Microsoft , Amazon and Meta are expected to spend at least $630 ‌billion to build ⁠AI infrastructure ⁠this year, boosting demand for chips, servers, storage and networking equipment from companies like Broadcom.

Chip designer Broadcom on Wednesday projected its artificial intelligence chip revenue would exceed $100 billion by next year, signaling surging demand for custom artificial intelligence chips in a m… [+3510 chars]