Broadcom's Revenue Reaches Record High on Strong AI Demand

1. Broadcom reports record quarterly sales driven by AI demand. 2. Adjusted EPS of $1.69 on $15.95 billion revenue, exceeding estimates. 3. AI revenue grew 63% to $5.2 billion; forecasted growth continues. 4. Fourth-quarter revenue forecast at $17.4 billion, above expectations. 5. Strong chip demand mirrors trends seen in Nvidia and AMD earnings.