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AI & Enterprise

Broadcom CEO says inference AI demand will keep rising, keeps 2028 revenue target

Broadcom is keeping its long-term AI semiconductor revenue targets despite calls by Anthropic CEO Dario Amodei to slow the pace of high-performance AI model development. CEO Hock Tan said a potential slowdown in model development would not shake Broadcom’s outlook, citing strong and durable demand for inference as finished models are used in real products and services. Broadcom has forecast $115 billion in AI chip revenue in fiscal 2027 and $230 billion in fiscal 2028.

AI & Enterprise

South Korea forms $9,500 billion AI alliance with global big tech, seeks 5 GW AI data centres

Major South Korean companies and global big tech firms will pursue semiconductor supply and production cooperation worth a total of $9,500 billion and build AI data centres with a combined capacity of 5 gigawatts. The Ministry of Science and ICT said it held the San Francisco AI Summit on July 24 local time with key domestic and overseas companies. It said six agreements were signed and the government will support implementation.

Industry

Samsung Electronics to supply 2nm foundry and HBM to Broadcom

Samsung Electronics has begun large-scale cooperation with Broadcom in the AI semiconductor infrastructure market. Samsung said it signed a strategic memorandum of understanding with Broadcom at an AI Summit in San Francisco on July 24 local time to build next-generation AI infrastructure. The companies plan cooperation worth more than $200 billion through 2030 across memory, foundry and advanced packaging. Samsung will supply HBM, including HBM4 and HBM4E, and apply processes of 2 nm or below for key Broadcom chips.