Broadcom Sees AI Demand Surge as Long Term -- Market Talk
Dow Jones07:48
1846 ET [Dow Jones]--Broadcom emphasized its long-term strengths during its Wednesday call with investors. The company said demand for AI isn't tapering off as hyperscalers transition from training AI to creating products with it. Instead, they are in need of more computing and networking capacity to support their products. Broadcom has managed to maintain a supply of memory, despite market constraints, through 2028, CEO Hock Tan said. "Our collaboration with these six customers to develop AI XPU is deep, strategic and multi-year," he said. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
March 04, 2026 18:48 ET (23:48 GMT)
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