Broadcom's AI Chip Quest: More Rupees Than a Rupee Rush!

Wall Street Who?

Greetings brave adventurers! Princess Zelda here reporting live from… well not Hyrule but close enough – the world of finance! Seems Broadcom a tech company of significant power (almost Triforce level dare I say?) has been raking in the Rupees or as they call them here 'dollars'. Their second quarter earnings were higher than even the most optimistic fortune teller (or Sheikah Slate prediction). Wall Street's expectations? Smashed like a pot in Link's path! They reported $1.58 earnings per share when only $1.56 was expected. And for revenue $15 Billion when only $14.99 Billion was expected! Hylia give me strength!

Future Fortunes Foretold!

Even more exciting than finding a Piece of Heart Broadcom anticipates a whopping $15.8 billion in revenue for the third quarter. That's enough to buy all the elixirs in Hyrule... and maybe a new shield for Link (he keeps breaking them). Their revenue increased 20% annually and net income... well let's just say Ganon would be envious. They made $4.97 billion in net income which is a lot of Rupees!

Stock Split Shenanigans!

Remember when Broadcom had that 10 for 1 stock split? It's like when Link collects all the Triforce shards – suddenly everything's more powerful! Their shares have jumped 12% this year building on last year's doubling all thanks to those custom AI chips. Investors are as giddy as Tingle finding a new map! I bet they wish they had a hookshot to reach even higher!

AI Accelerators: The New Master Sword?

Broadcom's CEO Hock Tan sounds like a wise sage with his AI chip strategy. He's been developing AI chips with three 'large cloud customers,' whom I suspect might be as powerful as the Ancient Robots. He says the partners are 'unwavering' in their investment plans which is wonderful. Those AI chips must be the Master Sword of the modern era!

Hyperscalers Hoarding the Goods!

The company earned $4.4 billion thanks to the networking parts they create. Apparently these parts connect complicated server clusters and Broadcom expects that number to go up to $5.1 billion. Tan expects the company's AI growth to continue through 2026! These things must really be something else because the 'hyperscalers' (Amazon Google and Microsoft are the main ones it seems) use the chips to build out systems they then rent out. It's all very complicated. Hopefully this doesn't end up like one of those dungeons where you need a guide to get out.

Software's Secret Sauce

Let's not forget about Broadcom's software business including VMware which grew 25% year over year. That's like leveling up your magic meter! All in all it seems Broadcom has found the right combination of courage wisdom and power (wait where have I heard that before?) to conquer the tech market. Until next time may the Triforce be with you!