TREE NEWS update: Broadcom projects its AI chip revenue will double to about $115 billion in fiscal 2027 and surge to $230 billion the following year, reigniting confidence it can challenge Nvidia’s dominance. CEO Hock Tan also expects earnings per share to exceed $30 in fiscal 2028, beating Wall Street estimates.
Broadcom forecasts AI chip sales to double to $115B by FY2027
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