Analysts Compare AMD and Broadcom AI Growth as Multi-Billion Partnerships Expand

Broadcom is emerging as a more compelling AI chip investment than AMD on valuation grounds, according to analyst commentary. While analysts project AMD will grow revenue by 73% in 2027 and 38% in 2028, supported by partnerships with Meta Platforms and OpenAI expected to bring roughly $100 billion each, AMD trades at 35 times calendar 2027 consensus. In contrast, Broadcom trades at approximately 18 times fiscal 2027 earnings, forecasting AI revenue to hit $115 billion in fiscal 2027 and $230 billion in fiscal 2028, with projected fiscal 2028 earnings per share exceeding $30.