24 Hrs
Source:
Sky News
Broadcom forecasts AI chip sales to reach $230B
You got it! Here's the translation into English while preserving the tone and meaning: "Broadcom expects AI chip sales to double from $115 billion in 2027 to $230 billion in 2028, driven by increasing demand from major technology companies and AI model developers. The company is working on developing customized processors in collaboration with clients such as Google, OpenAI, and Anthropic, with expectations that Anthropic will become its largest customer by 2027. Broadcom aims to compete with Nvidia by developing chips that outperform current performance, while also launching substantial funding campaigns for infrastructure to continue meeting the rising global demand for AI technologies propelled by investments from cloud computing companies and the expansion of data centers. The company is achieving strong financial results, with third-quarter revenues reaching $29.6 billion. Chips remain a key part of its sales, and earnings are forecasted to exceed $30 per share by 2028."
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