Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter
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Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter
Broadcom's stock is near an all-time high and has climbed 75% so far in 2025 as the company benefits from booming demand for AI infrastructure.
CNBC (www.cnbc.com)
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This post did not contain any content.
Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter
Broadcom's stock is near an all-time high and has climbed 75% so far in 2025 as the company benefits from booming demand for AI infrastructure.
CNBC (www.cnbc.com)
Broadcom's other major segment, infrastructure software, reported 26% growth to $6.94 billion in sales, topping Wall Street's expectations. The segment includes sales from the company's VMWare offerings.
They are completely destroying their VMware userbase. Every company is doing everything they can to remove or drastically reduce their on-prem VMware footprint. VMware is still a great product, but Broadcom's new abusive licensing terms are killing it anyway.
