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.

Broadcom’s solid performance and AI-driven growth stand out. Learn why AVGO stock’s expanding margins and potential acquisition make it a buy for investors.

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

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 ...

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 ...

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 ...

Broadcom Inc.’s (NASDAQ:AVGO) consolidated revenue for the fiscal year 2024 reached a record $51.6 billion, up 44% from the previous year. While we acknowledge the potential of Broadcom Inc ...

That's where Broadcom enters ... $90 billion per year by 2027. For perspective, the company did $12.2 billion worth of this business for itself in its recently ended fiscal 2024.