EL7.AI
StocksMediumUpdated•Originally published 9 September 2026•Updated 9 September 2026•
1 min read

Broadcom AI Chip Revenue Surges 221% as Company Firms Up 2028 Targets

Key Facts

1Broadcom expects AI semiconductor revenue to reach $115 billion in FY2027 and $230 billion in FY2028.
2Six XPU customers are planning roughly 30 GW of deployments, shifting uncertainty from demand toward infrastructure execution.

Amid an unprecedented surge in demand for advanced computing technologies, Broadcom's AI chip revenue has skyrocketed by 221%. According to reports, this robust performance reinforces the company's aggressive growth trajectory, which targets $115 billion in AI-related revenue by fiscal year 2027 and $230 billion by 2028. This optimism is underpinned by six major XPU customers planning to deploy approximately 30 GW of infrastructure.

This revenue jump is supported by massive deployment commitments from industry leaders like Anthropic and OpenAI, reflecting a fundamental shift in semiconductor supply chains. Per market data, the 221% growth figure validates Broadcom's execution capabilities as major clients commit to 15 GW and 5 GW deployments respectively, ensuring long-term demand sustainability in the maturing AI sector.

In equity markets, AVGO shares stood at $368.56 (at close September 8, 2026), having reached a daily high of $372.69. Investors are monitoring support levels near $362.74, the low recorded during the September 8 session, to gauge market reaction to these strong growth figures. Market participants remain focused on further supply contract updates that could drive the stock to test higher resistance levels.

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