Broadcom: AI Slowdown? CEO Hock Tan Disagrees - $230 Billion in AI Revenue and Inference Boom Remain on Track

Anthropic is expected to become Broadcom's largest XPU customer by 2027 and maintain this position in 2028. Broadcom anticipates 1 GW of computing power for Anthropic in 2026, an additional 5 GW in 2027, and another 10 GW in 2028 – while OpenAI scales its own Broadcom-XPU in parallel. CEO Hock Tan maintains a projection of around $230 billion in AI semiconductor revenue by 2028. With more than $30 in EPS, this would result in a P/E ratio of about 11.5 for 2028.   The stock market fears a slower expansion of AI infrastructure...