Bullish
Broadcom's Q3 FY2026 revenue surges 86% to $29.6 billion, AI growth leads.
Broadcom reported a record $29.6 billion in revenue for Q3 FY2026, an 86% increase from the previous year, driven by a 221% surge in AI semiconductor revenue. The company forecasts continued growth, projecting Q4 revenue of approximately $34.8 billion.
Key points
- AI semiconductor revenue reached $16.7 billion, up 221% year-over-year.
- Infrastructure software revenue grew 29% to $8.8 billion.
- Q4 revenue guidance of approximately $34.8 billion, up 93% year-over-year.
Sources
AI-generated from public news sources. Not financial advice.