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Broadcom (AVGO) CEO Forecasts $100B+ in AI Chip Sales by 2027

Broadcom Inc. (NASDAQ:AVGO) is one of the stocks that should double in 3 years. On March 5, Bloomberg reported that Broadcom CEO Hock Tan announced a bold strategic target, stating that the company has ‘line of sight’ for its AI chip sales to exceed $100 billion in 2027. This represents a massive acceleration from the $20 billion in AI sales reported in 2025. To support this growth, Broadcom has already secured the necessary supply chain capacity.

While Nvidia remains the dominant force in AI accelerators, Broadcom Inc. (NASDAQ:AVGO) is successfully positioning itself as the premier alternative through its custom-made semiconductors and networking hardware. The company’s growth is fueled by deep collaborations with hyperscale tech giants. Broadcom is a key partner in developing Google’s TPU and has secured high-volume contracts with OpenAI, Meta Platforms, and Anthropic.

Hock Tan dismissed rumors of a slowdown with Meta, confirming that their roadmap is alive and well, with next-gen products expected to scale to multiple gigawatts of computing capacity by 2027. In the most recent fiscal quarter, AI revenue more than doubled to $8.4 billion, surpassing internal expectations. In addition to its ambitious AI targets, Broadcom delivered a FQ2 revenue outlook of $22 billion, beating analyst estimates. To reflect confidence in its long-term trajectory, the company announced a new $10 billion stock buyback plan to be executed through the end of the year. This follows $7.8 billion in repurchases already completed in FQ1.

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Broadcom Inc. (NASDAQ:AVGO) designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software.

While we acknowledge the potential of AVGO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AVGO and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 10 Stocks With Explosive Growth Potential.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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