Weekly Recap: AI chip sales $16.7B and China probes NASDAQ:AVGO switches
Broadcom Inc. (NASDAQ:AVGO) reported Q3 revenue of $29.59B with AI chip sales soaring to $16.7B (56% of sales) and guided Q4 AI sales to ~$21.7B as it targets $115B in AI revenue for FY2027 and $230B for FY2028, even as Chinese probes examine its networking switch bundling and analysts stay largely…