Earnings season refuses to end. While others may have had enough, earnings reports are my lifeblood! Well, that and 1,500 milligrams of caffeine a day.
I'm glad earnings season rages on because it gives us the very latest insights on all things AI. This is super helpful information as I embark for the Super Bowl of tech conferences: the Goldman Sachs Communacopia tech gathering. More on that in a moment.
The past two weeks have been bonkers for the AI investment thesis. Any talk about peak AI needs to be tossed aside.
Broadcom's (AVGO) revenue surged 86% year over year in its most recent quarter. Adjusted earnings per share exploded 96%. Both metrics easily thumped ***** yst estimates.
The massive outperformance was fueled by relentless hyperscaler demand for custom AI chips and networking gear, with quarterly AI semiconductor revenue alone tripling to $16.7 billion.
#super #season #revenue #sachs
I'm glad earnings season rages on because it gives us the very latest insights on all things AI. This is super helpful information as I embark for the Super Bowl of tech conferences: the Goldman Sachs Communacopia tech gathering. More on that in a moment.
The past two weeks have been bonkers for the AI investment thesis. Any talk about peak AI needs to be tossed aside.
Broadcom's (AVGO) revenue surged 86% year over year in its most recent quarter. Adjusted earnings per share exploded 96%. Both metrics easily thumped ***** yst estimates.
The massive outperformance was fueled by relentless hyperscaler demand for custom AI chips and networking gear, with quarterly AI semiconductor revenue alone tripling to $16.7 billion.
#super #season #revenue #sachs
3 hours ago
