Key Highlights: Record Revenue Growth: Broadcom achieved record revenue of $51.6 billion for FY 2024, marking a 44% year-over-year increase. This growth was driven by both the semiconductor solutions and infrastructure software segments. “Broadcom’s fiscal year 2024 revenue grew 44% year-over-year to a record $51.6 billion, as infrastructure software revenue grew to $21.5 billion, on the successful integration of VMware." - Hock Tan, President and CEO of Broadcom Inc. Strong AI Performance: AI revenue soared to $12.2 billion in FY 2024, representing a remarkable 220% year-over-year growth. This success was attributed to Broadcom's leading AI XPUs and Ethernet networking portfolio. "Semiconductor revenue was a record $30.1 billion driven by AI revenue of $12.2 billion. AI revenue which grew 220 percent year-on-year was driven by our leading AI XPUs and Ethernet networking portfolio.” - Hock Tan, President and CEO of Broadcom Inc. Increased Dividend: Based on strong cash flow performance, the Board of Directors declared a quarterly dividend of $0.59 per share, marking an 11% increase from the previous quarter. This represents the fourteenth consecutive annual dividend increase since 2011. "Based on increased cash flows in fiscal year 2024, we are increasing our quarterly common stock dividend by 11% to $0.59 per share for fiscal year 2025. The target fiscal year 2025 annual common stock dividend of $2.36 per share is a record, and the fourteenth consecutive increase in annual dividends since we initiated dividends in fiscal 2011.” - Kirsten Spears, CFO of Broadcom Inc. VMware Integration Success: The successful integration of VMware contributed significantly to the growth of infrastructure software revenue, reaching $21.5 billion in FY 2024. Strong Q4 2024 Performance: Q4 2024 revenue reached $14.054 billion, a 51% increase from the prior year period. Adjusted EBITDA for Q4 2024 was $9.089 billion, representing 65% of revenue.