Hock Tan says Broadcom has line of sight to over $100 billion of AI chip revenue in 2027

Broadcom AVGO Hock E. Tan AI semiconductors (custom XPUs)

On the fiscal Q1 2026 call, CEO Hock Tan said Broadcom has line of sight to AI semiconductor revenue in excess of $100 billion in fiscal 2027. Analysts noted that a multi-year demand outlook of this kind is unusual for the company. For a trader, this is the longest-dated AI revenue number the company has put on the record, and it is the basis for much of the bull case, although it is not formal guidance.

Target: AI semiconductor revenue above $100 billion in fiscal 2027
Stated as line of sight, not formal guidance
Given on the Q1 FY2026 earnings call on March 4, 2026

AVGO around the story · hourly24 h reaction ▲ 3.54%

Moves this explains

AVGO+5.90%Mar 3 · Rose 5.9% to $332.09 on the day Broadcom reported fiscal Q1 2026 revenue of $19.31B (up 29%) and Hock Tan said the company has line of sight to over $100B of AI chip revenue in 2027. The results came out at 21:16 UTC, after the US close. Same day, AMD rose 5.4%, MU 6.5%, PLTR 4.5% and the S&P 500 1.1%, so the move also sat inside a chip rally.

Source

Seeking Alpha

Mar 4, 2026, 4:00 PM ET

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