Broadcom's Q1 revenue was $14.92 billion, a year-on-year increase of 25%
Mar 07,2025
Broadcom recently released its first quarter report for the fiscal year ending February 2, 2025, with revenue of $14.92 billion, a 25% increase from the same period last year and higher than the expected $14.61 billion. The GAAP net profit for the first quarter was $5.503 billion, while the non GAAP net profit was $7.823 billion.
Broadcom expects its revenue for the second quarter of 2025 to be approximately $14.9 billion, an increase of 19% compared to the same period last year.
Hock Tan, President and CEO of Broadcom, said, "Broadcom's record breaking first quarter revenue was driven by both AI semiconductor solutions and infrastructure software. AI revenue increased by 77% year-on-year to $4.1 billion in the first quarter, while infrastructure software revenue increased by 47% year-on-year to $6.7 billion
Broadcom sees a hot demand for customized artificial intelligence chips from cloud computing companies, and as they expand their AI infrastructure, these companies are looking for alternatives to expensive processors designed by Nvidia. Hock Tan stated that as ultra large scale clients invest in customized AI chips for data centers, the company expects its AI semiconductor revenue to reach $4.4 billion in the second quarter.
Analysts predict that as the computational demands of AI tasks become more complex and personalized, large tech companies will shift from off the shelf chips to internal processors, further benefiting from Broadcom.
In February, it was reported that OpenAI was collaborating with Broadcom to complete its first custom chip design and reduce its reliance on Nvidia.
Broadcom expects its revenue for the second quarter of 2025 to be approximately $14.9 billion, an increase of 19% compared to the same period last year.
Hock Tan, President and CEO of Broadcom, said, "Broadcom's record breaking first quarter revenue was driven by both AI semiconductor solutions and infrastructure software. AI revenue increased by 77% year-on-year to $4.1 billion in the first quarter, while infrastructure software revenue increased by 47% year-on-year to $6.7 billion
Broadcom sees a hot demand for customized artificial intelligence chips from cloud computing companies, and as they expand their AI infrastructure, these companies are looking for alternatives to expensive processors designed by Nvidia. Hock Tan stated that as ultra large scale clients invest in customized AI chips for data centers, the company expects its AI semiconductor revenue to reach $4.4 billion in the second quarter.
Analysts predict that as the computational demands of AI tasks become more complex and personalized, large tech companies will shift from off the shelf chips to internal processors, further benefiting from Broadcom.
In February, it was reported that OpenAI was collaborating with Broadcom to complete its first custom chip design and reduce its reliance on Nvidia.