EL7.AI
StocksMedium•15 September 2026•
1 min read

Broadcom Targets $230B AI Revenue by 2028 Amid Strong Chip Demand

Key Facts

1Broadcom targets AI revenue of $115B in 2027 and $230B in 2028, supported by secured shipments.
2$350 billion in shipments are locked for fiscal years 2027–2028 to address robust AI chip demand.
3AI now accounts for 56% of total revenue, while the company maintains a strong operating margin of 67.9%.

Amid the intensifying race to scale advanced computing infrastructure, Broadcom has outlined aggressive growth targets for its AI business segment over the coming years. The company aims to generate $115 billion in AI-related revenue by 2027, with that figure projected to double to $230 billion by 2028. To underpin these targets, Broadcom has locked in $350 billion in shipments for the 2027–2028 fiscal period, demonstrating significant visibility into long-term demand for its semiconductor solutions.

This strategic pivot underscores the dominance of AI technologies, which now account for 56% of Broadcom's total revenue while the firm maintains a robust operating margin of 67.9%. Per market data, investors are closely monitoring the ability of semiconductor leaders to scale capital expenditure to resolve supply chokepoints, as AI transitions from a niche growth driver to the primary engine of corporate earnings in the sector.

Regarding stock performance, AVGO stood at $344.72 (at close September 14, 2026), having traded between a day low of $343.91 and a high of $350.25. With no immediate sector-specific catalysts in the upcoming economic calendar, market participants will likely focus on technical price levels near the recent close as the company works toward its multi-year revenue milestones.