Business News

Broadcom raises AI chip sales forecast to $115 billion by 2028

FinSiddhi

Broadcom, whose custom AI chips are used by companies including Meta Platforms, Google and OpenAI, ​said it now expects AI chip revenue of about $115 billion in the fiscal year ending Oct 2027
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

Daily Nadi Horoscope for Pisces (16th August 2026): Don’t Let a Sensitive Conversation Turn Into a Relationship Test

Embrace today’s cosmic energy, which promotes honest discussions and fosters a deeper bond with your loved ones. For those under Pisces, it’s essential to express your aspirations regarding commitments and future visions. Younger relatives might reveal unspoken concerns about their education or self-assurance. Clear dialogue will help decode their feelings and intentions, minimizing misunderstandings for…

Vedanta invests over $1 billion in net-zero transition initiatives in FY26

Mining major Vedanta on Wednesday said it invested more than USD 1 billion in net-zero transition initiatives in FY26, with renewable energy, lower-carbon fuels, energy efficiency and technology-led interventions driving its decarbonisation efforts. As part of this transition, the group’s renewable energy utilisation went up 52 per cent year-on-year to 4 billion units (400 crore…

Thousands evacuate after Indonesia quake kills 53, hampers rescue efforts

Searchers dug through collapsed buildings and landslide debris Sunday in eastern Indonesia as they searched for bodies and possible survivors a day after a powerful earthquake killed at least 47 people, injured more than 100 and displaced thousands. At least 24 people died in Manggarai regency and 17 in neighbouring East Manggarai, with additional fatalities…