Hock Tan Guided Broadcom Past $100 Billion of AI Revenue in 2027. The Stock Is 25% off Its High.

Broadcom reiterated on its June 3 earnings call that it expects AI semiconductor revenue to exceed $100B in fiscal 2027, up from $56B expected this year (more than doubling over the period). The raised/confirmed AI growth trajectory is a clear upside signal for AI-related revenue visibility and execution. Overall, the guidance supports a bullish near-to-medium term outlook for the stock/segment.