Tag: cyclical

Broadcom expects B in revenue from AI-related chips in 2024, as CEO Hock Tan says AI revenue, up 4x YoY to .3B in Q1, offset cyclical business slowdown (Reuters)

Broadcom expects $10B in revenue from AI-related chips in 2024, as CEO Hock Tan says AI revenue, up 4x YoY to $2.3B in Q1, offset cyclical business slowdown (Reuters)

Reuters: Broadcom expects $10B in revenue from AI-related chips in 2024, as CEO Hock Tan…

By Mike Powers March 8, 2024