Is Google accelerating Broadcom's AI Accelerator Revenue?
The making of an AI company?
Together with the presentation of Broadcom’s Q4 result, the company in their investor call revealed some very interesting trends with regards to the semiconductor part of the business.
The Q1-24 result gave Broadcom entry into the 10B$/qtr club with revenues close to 12B$ helped by the recent VMware acquisition. As only 2 months of VMware revenue was included into the Q1 result, we will likely see another record in Q2.
The result also made the Broadcom transformation from a pureplay Semiconductor company to a solutions company for Datacenter Customers. While the company Is still leading in communication infrastructure, it is obvious where the focus is with the last 4 acquisitions being software related.
Broadcom in their investor call also reported a significant increase in AI specific semiconductor revenue. The company revealed sufficient information to reveal that compa…