Broadcom AI revenue outlook seen embedding conservatism, JPMorgan says
JPMorgan analysts say Broadcom’s AI semiconductor revenue outlook—doubling next year to $115 billion and doubling again in fiscal 2028—may embed conservatism on supply availability.
Broadcom's outlook for AI semiconductor revenue doubling next year to $115 billion and doubling again in fiscal 2028 likely embeds conservatism around supply, creating room for upside if supply availability improves, JPMorgan analysts write in a note.
Assuming that Broadcom, like Nvidia, ships 80…