Broadcom is set to dominate the AI infrastructure market, with a projected 60% market share in AI server compute ASIC design by 2027. The company reported $20 billion in AI sales in fiscal 2025, expecting revenue to double in fiscal Q1 of 2026. CEO Hock Tan aims to grow AI revenue to over $120 billion by 2030. With a backlog of over $73 billion in AI-related orders, Broadcom is well-positioned to benefit from the AI infrastructure buildout. The company’s stock has surged 457% over the past three years and analysts forecast significant revenue growth, with a 150% upside potential by late 2029.

Read more at Yahoo Finance: Get Ready for ASIC Shipments to Triple With This Leading AI Stock