Broadcom CEO Forecasts Big AI Revenue Gain as He Takes On Nvidia

Broadcom CEO Hock Tan has forecast a significant increase in the company's artificial intelligence (AI) revenue by fiscal 2026. This announcement aims to address concerns about Broadcom's slowing growth. Tan believes that the company's AI business will improve considerably, contributing to its overall performance. The forecast comes as Broadcom takes on industry giant Nvidia, a leader in the AI chip market. Broadcom is positioning itself as a key player in the rapidly growing AI sector, which is expected to drive significant revenue growth in the coming years. The company's strategy to capitalize on the AI trend could help it maintain its competitive edge and meet investor expectations. However, the article does not provide specific details on Broadcom's AI product offerings or its market share in this segment. The overall focus is on the CEO's optimistic forecast and the company's efforts to challenge Nvidia's dominance in the AI chip market.