Broadcom CEO Hock Tan Forecasts AI Chip Revenue Above $100B

Broadcom CEO Hock Tan said the company expects artificial intelligence chip revenue to be “significantly” above $100 billion next year, setting an aggressive target as demand accelerates for custom silicon used in AI computing.

Tan’s comments put Broadcom’s AI-focused chip business at the center of its growth strategy, alongside the company’s broader portfolio of semiconductor and infrastructure software products. Broadcom has positioned itself as a major supplier of custom chips designed for large-scale data center workloads.

The outlook follows a series of recent reports highlighting both optimism and investor caution around AI spending. CNBC reported Tan’s expectation that AI chip revenue will come in “significantly” above $100 billion next year. Reuters has separately reported that Broadcom sees over $100 billion in AI chip sales by 2027, pointing to robust demand for custom chip programs.

Other coverage has described a more mixed market reaction. Bloomberg reported that Broadcom’s forecast underwhelmed some investors, framing the response as a sign of anxiety about the pace and durability of AI-related growth. At the same time, Invezz reported Broadcom shares rose after Tan’s comments about AI chip revenue topping $100 billion.

Broadcom’s AI chip business matters because it reflects a key shift in how major technology companies are building and buying hardware. Custom chips, often designed to optimize specific AI models and workloads, are increasingly viewed as a way for large customers to control performance, power consumption, and costs at scale. Broadcom’s role in supplying those programs places it in direct competition for AI infrastructure budgets that are also being pursued by other chipmakers and platform providers.

The revenue figure cited by Tan, and the 2027 timeframe referenced in other reporting, underscore how central AI has become to semiconductor industry expectations. For Broadcom, the scale of the target signals confidence that customer demand for custom AI accelerators will remain strong and that production can ramp accordingly.

What happens next will be driven by Broadcom’s upcoming results and guidance, as investors look for more precision around timelines, customer demand, and the mix of products contributing to the AI chip revenue goal. The company’s financial updates will also be closely watched for any changes in broader semiconductor demand and how its AI business impacts overall revenue and profitability.

For now, Tan’s forecast places a concrete marker on Broadcom’s ambitions in AI hardware, raising the stakes for its execution as the market looks for clearer winners in the next phase of AI infrastructure buildouts.