Broadcom announced during its fiscal Q3 2026 earnings call that its AI semiconductor revenue is projected to reach approximately $230 billion by fiscal 2028. This forecast represents a fourfold increase compared to the $58 billion expected for the current fiscal year. In Q3, the AI semiconductor division generated $16.7 billion in revenue, a 221% year-over-year surge. Six key customers, including Google, OpenAI, Anthropic, and Meta, have made multi-gigawatt-scale deployment commitments, driving Broadcom to design custom chips tailored to each hyperscaler rather than selling standardized GPUs. If the $230 billion forecast materializes, Broadcom would represent approximately 40% of the global AI semiconductor market estimated at over $550 billion by 2028.
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