Broadcom Q3 FY26 Earnings Call | $AVGO | 🔴 WATCH LIVE
Broadcom Inc. reported record Q3 FY26 results, with consolidated revenue reaching $29.6 billion, an 86% year-on-year increase. AI semiconductor revenue surged 221% year-on-year to $16.7 billion, driven by strong demand for custom AI accelerators from major clients like Google, Anthropic, and OpenAI. The company also provided an optimistic outlook, forecasting AI revenue to reach $58 billion for fiscal year 2026 and projected substantial growth through 2028, potentially doubling to $230 billion.
Broadcom's exceptional performance and aggressive growth projections in AI semiconductors underscore the massive and expanding demand for specialized hardware powering frontier AI models, signaling continued investment and opportunity in the AI infrastructure sector.
Broadcom's Q3 non-AI semiconductor revenue and infrastructure software segment performance, including VMware Private AI Cloud.
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