Broadcom CEO Hock Tan stated that the company anticipates AI chip sales to surpass $100 billion next year, with confidence in achieving this goal by 2027 and having secured the necessary supply chain. This quarter, Broadcom's AI chip revenue is expected to reach $10.7 billion, requiring significant growth to achieve the full-year target of $100 billion. Boosted by this news, Broadcom's stock price rose approximately 4% in after-hours trading.
