Broadcom Inc Posts Record Revenue, AI Gains 77%
Broadcom Inc (NASDAQ:AVGO) reported a record total revenue of $19 billion for fiscal Q1 2025, up 25% year on year. The company’s adjusted EBITDA reached $10.1 billion, up 41% from the previous year. The semiconductor division saw revenue grow by 11%, while AI revenue surged 77%, surpassing guidance and reaching $4.1 billion. Infrastructure software revenue … Read more