Broadcom reported quarterly revenue of $22.2 billion, with $10.8 billion coming from AI chips, a segment that grew 143% from a year earlier. The company said AI semiconductor sales are expected to rise to $16 billion next quarter, underscoring how demand tied to artificial intelligence infrastructure remains a major growth driver. At the same time, investor caution has persisted because AI chips carry lower profitability than some of Broadcom's other businesses, despite the company's strong operating margins. Broadcom had previously projected AI revenue of more than $100 billion by 2027, highlighting the scale of its long-term expectations for the market. Marvell reported $2.418 billion in revenue and said it is focusing on data center chips, reinforcing the broader industry shift toward hardware tied to cloud and AI buildouts.