Key Points
Broadcom (NASDAQ: AVGO), a key player in the AI market, set a record high earlier this month, increasing nearly 140% over the past 12 months. Its fiscal 2025 annual revenue reached $63.9 billion, with projections estimating growth rates of 47% for revenue and 46% for adjusted EBITDA from fiscal 2025 to 2028. The company’s enterprise value stands at $2.02 trillion, with an EBITDA multiple of 18 times for the upcoming year.
In fiscal 2025, Broadcom’s AI chip sales surged 65% to $20 billion, accounting for 31% of total revenue. This figure is expected to rise to between $60-$90 billion by the end of fiscal 2027, potentially representing 38%-57% of projected revenue. The artificial intelligence market is anticipated to grow at a CAGR of 30.6% from 2026 to 2033, offering further expansion opportunities for Broadcom and its competitors.
