Broadcom Q3 2024: AI Revenue, VMware Merger, and Mainframe Division Overview Summary: Broadcom’s Q3 2024 results highlight its expanding AI revenue, which accounts for 9% of total revenues. Significant contributions from the VMware acquisition boosted profitability. The Mainframe Software Division continues to offer steady support, ensuring a balanced approach to growth and stability across Broadcom’s business sectors. What is covered in this earnings report: *AI’s Role in Contributing 9% of Broadcom’s Overall Revenue * VMware’s Impact on Profitability and Operational Synergies * Contributions of the Mainframe Software Division to Stable Revenue Streams * Strategic Outlook for AI, Cloud, and Mainframe Technologies * Broadcom’s Future Growth Potential Through AI and Cloud Expansion Link to full article in the comments 👇
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CEO and Principal Analyst / Top 3 Global Tech Analyst
3moLink to article: https://futurumgroup.com/insights/broadcom-q3-2024-ai-revenue-vmware-merger-and-mainframe-division-overview/