AVGO's Infrastructure Software Sales Rise: A Sign of More Upside?

Key Takeaways Broadcom's Infrastructure Software revenues rose 17% to $6.8B, 43% of total revenues. VMware Cloud Foundation 9.0 launch supports long-term growth, aiding AI and cloud adoption. AVGO projects Q4 AI revenues up 66% to $6.2B and semiconductor sales up 30% to $10.7B. Broadcom’s (AVGO) Infrastructure Software segment is benefiting from strong demand for VMware solutions. In the third quarter of fiscal 2025, Infrastructure Software revenues jumped 17% year over year to $6.8 billion and accounted fo ...