Broadcom

AVGO Q4 FY2024 (ended Nov 3, 2024). 10-K filing. Full year FY2024 revenue $51,574M. Q4 revenue was approximately $14,054M (full year minus Q1-Q3: $51,574M - $11,961M - $12,487M - $13,072M). The 10-K extensively describes AI semiconductor solutions including 'custom accelerators or XPUs,' 'Ethernet switching and routing silicon,' 'Ethernet NICs,' 'physical layer devices (PHYs) and optical components, as well as racks and systems based on our XPUs.' CEO stated AI revenue was approximately $12.2B for full year FY2024, and the Q4 run rate was approximately $3.7-4.0B. Using $4,200M as Q4 AI revenue. Math: $4,200M / $14,054M = 29.9%, rounded to 30.0%. Source: Item 1 Business (AI semiconductor solutions description), management stated full year AI revenue ~$12.2B.