A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025.
Broadcom reported fourth-quarter results that beat expectations for earnings and revenue, and issued a strong forecast for the current quarter, driven by artificial intelligence demand.
The stock rose 3% in extended trading on Thursday.
Here's how the company did, compared with estimates from analysts polled by LSEG:
Earnings per share: $1.95 adjusted vs. $1.86 estimated
$1.95 adjusted vs. $1.86 estimated Revenue: $18.02 billion vs. $17.49 billion estimated
Broadcom said revenue in the fiscal first quarter will be about $19.1 billion, which would represent 28% year-over-year growth, and is higher than the $18.3 billion average analyst estimate, according to LSEG.
CEO Hock Tan said in a statement that Broadcom expects AI chip sales this quarter to double from a year earlier to $8.2 billion, both from custom AI chips as well as semiconductors for AI networking.
Net income climbed 97% to $8.51 billion, or $1.74 per share, from $4.32 billion, or 90 cents per share, in the year-ago period.
Along with Nvidia , Broadcom has been the other major winner among U.S. semiconductor companies due to the AI boom. The company's stock price is up 75% so far in 2025, after doubling last year, as its custom chips, such as Google's tensor processing units, are gaining increasing traction in the market as a rival to Nvidia's graphics processing units.
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