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Broadcom raised its AI semiconductor revenue outlook to $115 billion for fiscal 2027 and projected $230 billion by fiscal 2028. Driven by custom silicon demand from Alphabet and Meta, Q3 AI sales sur…
Broadcom reported fiscal Q3 results and raised its fiscal 2026 AI sales guidance to $58 billion from $56 billion, projecting revenue to double over consecutive years. Despite the optimistic outlook, …
Broadcom projected $230 billion in AI revenue by 2028, exceeding market expectations according to Bernstein. Despite a premarket dip and worries over Google demand, expanding business with OpenAI and…
Broadcom delivered record Q3 results fueled by a 221% surge in AI semiconductor revenue. Q4 guidance projects 93% year-over-year revenue growth, with multi-year outlook forecasting AI revenues doubli…
Broadcom beat Q3 earnings and revenue estimates driven by a 221% surge in AI chip sales. However, the stock dropped 4% after-hours as its Q4 revenue guidance of $34.8 billion fell short of high Wall …