“I know we told you in December, our revenue from AI would be 25% of our full-year semiconductor revenue. We now expect revenue from AI to be much stronger, representing some 35% of semiconductor revenue at over $10 billion.”

Hock TanCEO

President and CEO, Broadcom

FY2024 AI revenue was $12.2 billion out of $30.1 billion of semiconductor revenue — roughly 41%, comfortably above both the 'over $10 billion' and 'some 35%' markers.