$AVGO Semiconductor Growth Accelerates as Multiple AI Programs Ramp Together

$AVGO’s semiconductor business just grew 127% year over year, extending its acceleration streak to eight consecutive quarters.
The increasingly steep growth curve reflects Broadcom’s position inside several of the largest custom AI accelerator programs.
$AVGO is involved with $GOOGL’s TPU infrastructure and $META’s MTIA chips, while also supporting major programs tied to OpenAI and Anthropic.
Multiple deployments are now ramping at the same time, creating overlapping sources of AI semiconductor demand.
That gives $AVGO exposure beyond traditional networking and connectivity into the rapidly expanding market for custom AI silicon.
As hyperscalers increasingly develop their own accelerators alongside $NVDA GPUs, Broadcom is emerging as one of the key infrastructure suppliers enabling that transition.
The simultaneous ramps across $GOOGL, $META, OpenAI and Anthropic could keep AI semiconductor growth elevated as these programs scale.