Broadcom CEO: During the Quarter, We Began Production Shipments of the Next Generation TPU Version 8i for Google - AVGO News | RalliesBroadcom CEO: During the Quarter, We Began Production Shipments of the Next Generation TPU Version 8i for Google
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AVGO• Revenue, margin and capital expenditure guidance
- Broadcom CEO: Raises FY 2026 AI revenue guidance to $58 billion from $56 billion, up 186% YoY
- Broadcom CEO: On target to exceed EPS of $30 in FY 2028
- Broadcom CEO: Forecasts infrastructure software revenue to stabilize at approximately $8.7 billion in Q4
- Broadcom CFO: Expect Q4 consolidated gross margin to be approximately 73%, down from 78% a year ago
- Broadcom CFO: Expect capital expenditures of $1.4 billion in Q4 as we invest in capacity for semiconductors
- Broadcom CEO: Expect to be able to sustain operating margin even as mix of products dilutes the gross margin
Production shipments and customer deployment outlook
- Broadcom CEO: In 2028, we have clear line of sight to deliver an incremental 10 gigawatts to Anthropic (adds dropped words 'to Anthropic')
- Broadcom CEO: During the quarter, we began production shipments of the next generation TPU Version 8i for Google - conf call
- Broadcom CEO: Co is now shipping the TPU Version 8i ahead of the MediaTek version V8T
- Broadcom CEO: In Q4, we expect to accelerate shipments of Ironwood to Anthropic
- Broadcom CEO: Also expect to ramp up high-volume shipments of the TPU Version 8i to Google in Q4
- Broadcom CEO: Expect production shipments of Meta's custom MTIA accelerator at scale in Q4
- Broadcom CEO: Expect Anthropic to deploy another 5 GW of Google's TPU Version 8i in 2027
- Broadcom CEO: Anthropic is on track to become our largest XPU customer in 2027 and sustain that in 2028
- Broadcom CEO: OpenAI's Jalapeno is on track for the planned deployment of 1.3 gigawatts in 2027
- Broadcom CEO: In 2028, we have line of sight for OpenAI to deploy over 5 GW of Jalapeno and its successor generation of XPU
- Broadcom CEO: We are in development with Open AI on the third generation XPU
- Broadcom CEO: Between now and the end of 2027, we will be delivering 3 generations of MTIA accelerators to Meta
- Broadcom CEO: Have line of sight for Meta to deploy 3 gigawatts through 2028
- Broadcom CEO: In 2027, we have secured the supply to double AI revenue to about $115 billion
- Broadcom CEO: Have line of sight for fiscal 2028 AI semiconductor revenue growth to double again to $230 billion
- Broadcom CEO: We believe we will ship about $350 billion of AI semiconductors to these customers in the next two years
