which skyrocketed by 220% year-over-year in fiscal 2024. Broadcom’s custom AI accelerators – dubbed XPUs – and its robust Ethernet networking portfolio are major contributors to this growth.

Sales of custom AI accelerators and networking components grew by 220% to $12.2 billion in Broadcom's fiscal 2024, which ended Nov. 3. That represented around 24% of its total revenue. However ...

More specifically, Broadcom's non-AI semiconductor revenue fell 23% year over year in the fourth quarter of fiscal 2024 to $4.5 billion. That was in sharp contrast to the 150% year-over-year ...

Broadcom AVGO is benefiting from strong demand for networking products and custom AI accelerators (XPUs). In fiscal 2024, AI ...

Its earnings per share (EPS) rose 27.9% from the year-ago period to $1.42. "Broadcom's fiscal year 2024 revenue grew 44% year over year to a record $51.6 billion, as infrastructure software ...

We are very well positioned to achieve a leading market share in this opportunity and expect this will drive a strong ramp from our 2024,” Broadcom ... For the full fiscal year, VMware earned ...