Broadcom Posts Record Quarterly Revenue, 'Driven by Robust Demand for AI'
1. AVGO reported $15B revenue, a 20% year-over-year increase. 2. AI revenue surged 46%, reaching $4.4B, driven by demand. 3. Projected AI revenue for next quarter could hit $5.1B. 4. AVGO shares fell 2% in after-hours trading, despite record highs. 5. Stock has gained 12% in 2025 so far.