Broadcom’s Semiconductor Solutions segment generated Q1 revenue of $12.5 billion , up 52% year-over-year. Tan said AI semiconductor revenue grew 106% year-over-year to $8.4 billion , exceeding the company’s outlook, and he expects that momentum to accelerate in Q2.CFO Kirsten Spears added that gross margin was 77% of revenue, operating expenses were $2.0 billion (including $1.5 billion of R&D), and operating income reached a record $12.8 billion , up 31% year-over-year. Broadcom’s operating margin increased ...