According to CoinMeta, after Broadcom released its financial report, the company's stock price declined, despite its revenue forecast for artificial intelligence (AI) soaring to $230 billion. Broadcom expects AI semiconductor revenue to reach approximately $115 billion in fiscal year 2027 and to double in fiscal year 2028. Although Broadcom achieved revenue of $29.6 billion in the third quarter, a year-on-year increase of 86%, which exceeded Wall Street's expectations, the stock price did not immediately rebound. Broadcom's CEO Hock Tan stated that there is strong demand for custom AI accelerators and networking products. The company expects AI semiconductor revenue in the fourth quarter to accelerate to $21.7 billion, a year-on-year increase of 236%.