博通股价周五在纽约上涨24%，创下2009年8月该公司前身安华高科技（Avago Technologies）首次公开募股以来的最大单日涨幅。安华高2016年与Broadcom合并，组成了现在的公司。After Broadcom, which supplies chips to Apple and other major Technology companies, expects a significant increase in demand for its AI chips, its stock price soared, and its Market Cap rose above the 1 trillion dollar mark for the first time.
In the earnings report conference call, the company stated that sales of AI products in the first fiscal quarter would increase by 65%, far above the overall growth rate of about 10% for its Semiconductors. The chip manufacturer also predicts that by fiscal year 2027, the potential market space for its AI components designed for Datacenter operators could reach $90 billion.
Similar to NVIDIA, Broadcom also positions itself as a major beneficiary of the AI spending surge. The company's CEO, Hock Tan, stated that the company has gained two new hyperscale customers—large Datacenter operators.
Broadcom's stock price rose 24% in New York on Friday, marking the largest single-day increase since August 2009 when its predecessor, Avago Technologies, went public. Avago merged with Broadcom in 2016 to form the current company.
Investor optimism for AI has prompted a buying spree for Broadcom stocks this year. This company, based in Palo Alto, California, once predicted it would gain over $10 billion in annual revenue from this market, surpassing other sectors. Ultimately, this figure reached $12.2 billion in the previous fiscal year.
Hock Tan stated that AI revenue grew by 220% this year, driven by demand for processors and network components. Meanwhile, demand for non-AI chips is expected to decline in the first fiscal quarter. Broadcom expects total sales to reach $14.6 billion for the first fiscal quarter ending in January, in line with Analyst expectations.
The company announced that for the fourth quarter ending November 3, the EPS, excluding certain items, was $1.42. Revenue rose to nearly $14.1 billion. Data compiled by Bloomberg showed that the average forecast from analysts was an EPS of $1.39 and revenue of $14.1 billion.
Broadcom's Semiconductors division generated revenue of 8.23 billion USD in the fourth quarter, an increase of 12%. Software sales surged nearly 200%, reaching 5.82 billion USD. The company's size has grown significantly from a year ago, partly due to the approximately 69 billion USD acquisition of VMware.
