Hock Tan Just Guided Broadcom's AI Revenue to Reach $230 Billion by 2028. Should You Believe Him?
Broadcom's previous ambitious guidance turned out to underestimate its AI chip growth.
Overview
Broadcom (NASDAQ: AVGO) CEO Hock Tan is no stranger to making bold claims, but he has a good track record of being right. His latest projection is particularly audacious: Broadcom will bring in $230 billion in annual AI semiconductor revenue in its fiscal 2028. To hit that would require massive growth from now until then, but can investors trust that forecast?
(Hint: I think they can.)
Image source: The Motley Fool.
Details
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Originally published at www.fool.com.
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