From CNBC: 2025-03-06 20:48:13

Broadcom’s fourth-quarter revenue surged 25% year-over-year to $14.92 billion, beating estimates. Adjusted earnings per share rose 45% to $1.60, surpassing expectations. The stock jumped over 12% in after-hours trading, erasing previous losses. Broadcom CEO Hock Tan revealed the company’s engagement with new hyperscaler clients for custom accelerators, driving optimism in the AI sector.
Broadcom’s AI business saw a 77% revenue increase to $4.1 billion, exceeding guidance. The legacy semiconductor segment revenue fell 9% due to seasonal wireless declines. Infrastructure software revenue grew 47% to $6.7 billion, driven by strong demand for VMware services. The company is optimistic about its second-quarter outlook, expecting significant revenue growth and strong profitability.



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