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CLAIM #7593 · Broadcom Inc (AVGO) · 2022Q1 earnings call · Mar 3, 2022 · due Dec 31, 2022

But what you’re saying makes a lot of sense. And to answer your question directly, yes, we have line of sight through end of 2022, both, we believe, in demand and in supply.

Hock Tan · CEO

PENDING
graded after results covering Dec 31, 2022 are reported

In context

out 30%. You’re driving the 200 and 400 gig networking upgrade cycle. Enterprise spending is still expanding. As you mentioned, Broadcom continues strong, whether it’s DOCSIS, Wi-Fi, fiber upgrades. And then on your compute acceleration ASIC pipeline, you’ve got Google, Facebook, Microsoft, all of these guys ramping. So it seems like the demand, your product leadership, seasonality can sustain a sort of low to mid-20% plus type year-over-year revenue growth profile through this year. So I guess the question for you is, do you have line of sight and confidence on sustaining this type of growth through the year? And then more importantly, do you have the supply commitments to support this type of growth? Hock Tan: I’m not providing annual guidance, Harlan, if that’s what you’re angling for. But what you’re saying makes a lot of sense. And to answer your question directly, yes, we have line of sight through end of 2022, both, we believe, in demand and in supply. Harlan Sur: Thanks, Hock. Sure. Operator: Thank you. Our next question will come from Vivek Arya with Bank of America. Please go ahead. Vivek Arya: Thank you for taking my question. Hock, I was hoping if you could just revisit what’s driving the acceleration in growth. And then the more important question is that there is a perception that semiconductor companies are benefiting abnormally because of a pricing lever because of the tight supply conditions. And as the foundry capacity eases, that your costs will go down and the pricing advantage will disappear. And I was hoping you could give us some more color, how much of a role is pricing playing in the expected sales growth this year on a like-to-like basis versus what you saw last year? Hock Tan: That’s a very good question. And I mean,

Verify independently

SEC filings for AVGO · Claim quote is verbatim from the 2022Q1 earnings call.