Broadcom Corp (AVGO)

Re: Broadcom Corp (AVGO)

Postby winston » Sat Sep 06, 2025 10:42 pm

not vested

Broadcom (No. 88) reported third-quarter revenue of nearly $16 billion, a 22% increase from a year ago, driven in part by a 63% surge in AI-related revenue.

On the earnings call, CEO Hock Tan revealed that the company has secured a fourth customer placing a $10 billion order for custom AI chips.

The Financial Times and other outlets reported that the buyer is OpenAI.

Source: Fortune
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