2024-12-17 14:00:45.AIbase.14.0k
Broadcom CEO Predicts AI Market Explosion with Company Valuation Surpassing $1 Trillion
In a recent earnings call, Broadcom CEO Hock Tan shared an optimistic outlook for the future AI chip market, predicting that the company’s revenue in this area will see significant growth by 2027. According to him, the serviceable addressable market (SAM) for Broadcom's AI-related products and network services is expected to be between $60 billion and $90 billion. Tan also revealed that Broadcom is currently collaborating with three major hyperscale customers.
