Broadcom Rockets to $1T Valuation on AI Chip Boom

Broadcom just blasted past the $1 trillion mark after a 21% stock surge fueled by skyrocketing AI chip demand. CEO Hock Tan predicts a hefty $60-$90 billion in revenue by 2027, riding on a 220% AI revenue jump last year. With Q4 revenues hitting $14.06B and a 95% YTD stock gain, investors are grinning. The company also raised dividends by 11% and cut debt, though non-AI segments face some turbulence. Partnerships with giants like Apple keep Broadcom cruising in the AI race.