• On December 12, 2024, the stock price fell below $178 but exceeded $228 by December 14, closing at $225.15. Market capitalization reached $1.05 trillion, driven by strong Q4 FY2024 results.
  • Total revenue grew 51% year-over-year to $14.05 billion, with the AI chip division contributing $8.23 billion (+12%) and net profit reaching $4.32 billion (+23% YoY).
  • Annual AI-related revenue soared 220% to $12.2 billion. Broadcom plans to develop new chips with three major clients, targeting clusters of 1 million chips each by 2027.