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Broadcom Targets $230B AI Revenue by 2028 via Custom Chips

By Stocks Desk · 2026-09-09 · Updated 2026-09-10 00:28 UTC
A close-up view of a silicon wafer featuring intricate, repeating circuit patterns in blue and silver tones.
Illustration: Tradingbird

Broadcom forecasts tripling its AI semiconductor revenue to $230 billion by 2028 through custom silicon partnerships with hyperscalers like Alphabet and Meta. New analysis from GN stocks/chips argues that resulting margin expansion could drive the stock price to over $900, nearly tripling its current valuation.

  • GN stocks/chips details the valuation math behind the $900 target, projecting that Broadcom's profit margins will rise to 50% as custom AI chips dominate its mix. The analysis suggests that hitting the $230 billion revenue goal would yield $144 billion in profits, supporting a $4.3 trillion market cap based on a 30x earnings multiple.

    Source: GN stocks/chips

  • GN stocks/chips details the valuation math behind a potential $900 price target, arguing that a shift toward higher-margin custom silicon could push Broadcom's profit margins to 50% by 2028. The piece highlights that securing the supply chain for clients like Alphabet and OpenAI significantly lowers execution risk for the projected revenue tripling.

    Source: GN stocks/chips

  • Broadcom projects AI semiconductor revenue will triple to $230 billion by 2028, driven by custom silicon for hyperscalers and shifting margin structures.

    Source: GN stocks/chips
Based on reporting by GN stocks/chips, GN stocks/chips and GN stocks/chips, compiled by the Tradingbird desk.

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