Broadcom reveals "mysterious multi-billion dollar" super order.
On Thursday local time, after the US stock market closed, Broadcom released its financial report for the third quarter of fiscal year 2025, ending on August 3, 2025. The report showed that the company's revenue in the third quarter was $15.95 billion, a 22% increase year-on-year. Broadcom expects revenue in the fourth quarter to be around $17.4 billion, and the outlook for AI revenue in fiscal year 2026 has improved significantly from the previous quarter. As of the time of writing, Broadcom's stock rose more than 13% in pre-market trading. Broadcom CEO Hock Tan revealed during the earnings call that the company has converted a potential customer into its fourth official custom AI accelerator customer and has secured production orders worth over $10 billion. Additionally, he will continue to lead the company at least until 2030.
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