Infrastructure Software revenue reached $6.8B and bookings topped $9.2B, driven by VMware growth. Strong AI-driven demand for VMware Cloud Foundation (VCF) and the new Symantec CBX product are cited as drivers that are boosting the outlook, suggesting upside to software bookings and recurring revenue. Positive demand trends in AI and cybersecurity should support near-term revenue and margin momentum for Broadcom's infrastructure software business.
Infrastructure Software revenue reached $6.8B and bookings topped $9.2B, driven by VMware growth. Strong AI-driven demand for VMware Cloud Foundation (VCF) and the new Symantec CBX product are cited as drivers that are boosting the outlook, suggesting upside to software bookings and recurring revenue. Positive demand trends in AI and cybersecurity should support near-term revenue and margin momentum for Broadcom's infrastructure software business.
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moderately positive
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