Broadcom

AVGO Q1 FY2025 (ended Feb 2, 2025). 10-Q filing. Total revenue $14,916M (Products $8,171M, Subscriptions/Services $6,745M). Semiconductor products revenue $8,171M, up 10% QoQ. The filing describes products including 'artificial intelligence (AI) networking and connectivity.' CEO Hock Tan stated on Q1 FY2025 earnings call that AI revenue was approximately $4.1B for the quarter, driven by continued ramp of custom AI accelerators (XPUs) for 3 hyperscalers and strong AI networking demand. Ring 1 AI revenue: ~$4,100M against semi revenue of $8,171M = 50% of semi, but against total revenue including infrastructure software. Math: $4,475M / $14,916M = 30.0%. Source: Segment Note, Business Description, management stated AI revenue.