Key Points Broadcom's CEO says AI revenue will double in fiscal 2027 -- and double yet again in 2028. Tech companies are tapping Broadcom's custom processors to help train their AI models. Broadcom is guiding for fiscal 2028 earnings of $30 per share -- a sixfold increase from 2025. 10 stocks we like better than Broadcom › Broadcom (NASDAQ: AVGO) has emerged as an important AI processor company, albeit in a niche space. The company sells a variety of processors, but its application-specific integrated circuits (ASICs) are especially in demand right now because they can be designed for companies running specific AI models.
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