Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter

Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter

Published Thu, Dec 11 2025

12:00 PM EST

Updated Moments Ago

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A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025.

Brittany Hosea-small | Reuters

Broadcom reported fourth-quarter earnings on Thursday after the bell that beat expectations for earnings and revenue, and included a strong forecast for the current quarter, driven by AI sales.

Broadcom shares rose 3% in extended trading.

Here's how the company did, compared with estimates from analysts polled by LSEG:

• Earnings per share: $1.95 adjusted vs. $1.86 estimated
• Revenue: $18.02 billionvs.$17.49 billion estimated

Broadcom said revenue in the fiscal first quarter will be about $19.1 billion, which would represent 28% year-over-year growth and is higher than the $18.3 billion estimate, according to LSEG.

CEO Hock Tan said in a statement that Broadcom expects AI chip sales to double on a year-over-year basis to $8.2 billion, both from custom AI chips as well as semiconductors for AI networking.

Broadcom reported $8.51 billion in net income during the quarter, or $1.74 per diluted share, up 97% from $4.32 billion, or 90 cents per diluted share, in the year-ago period.

Broadcom shares are up 75% so far in 2025, after doubling last year, as its custom chips, such as Google's tensor processing units, are increasingly seen by investors as a rival to Nvidia's AI chips.

In June, Broadcom said it had three customers and four prospects for its custom AI chips. 

Broadcom's overall revenue grew 28% during the quarter, which the company attributed to AI semiconductor sales rising 74%.

This is breaking news. Please check back for updates.

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