$Broadcom(AVGO)$ Broadcom Inc. (AVGO) is set to announce its fiscal Q2 2025 earnings on Thursday, June 5. Analysts anticipate a strong performance, with projected revenue of $15.02 billion, a 20% increase year-over-year, and adjusted earnings per share of $1.57. AI-related revenue is expected to reach $4.42 billion, marking a 42% year-over-year growth. Citi has raised its price target for Broadcom to $276 from $210, citing the company’s leadership in AI infrastructure and strong demand for its products.
In addition to its strong financial performance, Broadcom recently announced the release of its Tomahawk 6 Ethernet switch, which offers 102.4 terabits per second of switching capacity—double that of any current market offering. This innovation is designed to meet the demands of AI data centers, providing scalable, energy-efficient, and AI-optimized networking solutions. Analysts view this development as a significant advancement in Broadcom’s AI strategy, further solidifying its position as a key player in the AI infrastructure market.
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