Bullish
Broadcom's AI semiconductor revenue surges 221% YoY to $16.7 billion in Q3 FY2026.
In the third quarter of fiscal year 2026, Broadcom reported a significant 221% year-over-year increase in AI semiconductor revenue, reaching $16.7 billion. This growth was driven by strong demand for custom AI accelerators and AI networking solutions. The company also provided an optimistic outlook, forecasting continued growth in AI semiconductor revenue for the upcoming quarter.
Key points
- AI semiconductor revenue of $16.7 billion, up 221% YoY.
- Q3 FY2026 revenue guidance of approximately $34.8 billion, up 93% YoY.
- Quarterly dividend of $0.65 per share declared.
Sources
AI-generated from public news sources. Not financial advice.
