“From our vantage point, infrastructure spending is still very much holding,” said Tan adding, “it’s true end demand.”

Broadcom had revenues of $8.4 billion in the quarter ended July 31 and expects $7.6 billion revenues in the quarter ending January 31. 

Broadcom’s order backlog is $31 billion and average order lead-time is 50 weeks.

The company has not been put on notice by the US government that it has chips which cannot be sold to China which contributes 30% of its revenues.