Broadcom CEO predicts $100 billion in AI chip revenue for fiscal 2027 as custom chip partnerships expand with Google, Meta, and Anthropic

Broadcom is expanding custom ASIC (application-specific integrated circuit) partnerships across major AI companies. In mid-April, Broadcom extended its partnership with Meta Platforms to collaborate on AI accelerator chips and co-develop Meta's AI infrastructure. Google recently released two separate TPU chips—the 8t for training and the 8i for inference—developed with Broadcom. In early April, Anthropic announced an exclusive partnership with Google and Broadcom for multiple gigabytes of compute.

For the second quarter of fiscal 2026, Broadcom expects AI chips to generate $6.4 billion in revenue while AI networking generates $4.3 billion, with AI networking making up 40% of total AI revenue. The company's networking offerings include Tomahawk switches (which work with AI clusters) and Jericho routers (which route across data centers). Broadcom's next-generation Tomahawk 7, coming in 2027, will feature double the switching bandwidth of Tomahawk 6.

CEO Hock Tan predicted Broadcom would achieve $100 billion in AI chip revenue in fiscal 2027. For context, Broadcom earned $8.4 billion in semiconductor revenue in the first quarter of fiscal 2026 (ended Feb. 1), with guidance for $10.7 billion in the second quarter, reported on June 3.