Broadcom shipping to meet real end demand not orders

Update: August 6, 2023
Broadcom shipping to meet real end demand not orders

“In other words, we look for drop date quantities as the term is used in the industry,” added Tan, “and we ship to those drop date quantities and maybe a little more. And what you see today is the true growth rate we are representing.”

“We’re shipping to what we believe the customers consider as the true real demand,” continued Tan, “now, having said that, we may be delivering – doing JIT, just-in-time – but nonetheless, we do try to fulfill what customer truly want just in a timely basis. And that still continues today, regardless of the size of the backlog we have.”

For calendar Q1 Broadcom saw revenues grow 15% y-o-y to $6.6 billion for a profit of $1.49 billion.