Broadcom AI Revenue: 220% Growth, $1T Market Cap

December 12, 2024

Broadcom reported $12.2 billion in fiscal 2024 AI revenue, up 220%, as shares jumped roughly 24% the next day and pushed its market cap above $1 trillion.

Broadcom

Sources

Broadcom Inc.

Press release · Dec 12, 2024

Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results and Quarterly Dividend

Additional sources

Investopedia

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