Broadcom(US:AVGO) Zhi Tong Cai Jing·2025-09-05 14:04Core Viewpoint - Broadcom (AVGO.US) experienced a nearly 12% increase in stock price, reaching $342.10, following news that OpenAI plans to design and produce its own AI chips with Broadcom's assistance by 2026 [1] Financial Performance - For the third fiscal quarter of 2025, Broadcom reported revenue of $15.952 billion, up from $13.072 billion in the same period last year, representing a year-over-year growth of 22% [1] - The net profit for this quarter was $4.14 billion, a significant turnaround from a net loss of $1.875 billion in the same quarter last year; on a non-GAAP basis, net profit was $8.404 billion, an increase from $6.12 billion year-over-year [1] Business Growth Drivers - Broadcom's CEO, Hock Tan, attributed the record revenue for the third quarter to strong growth in custom AI accelerators, networking, and VMware businesses [1]