Broadcom’s AI-Chip Surge Lifts Q3 Revenue, with a Cautious Q4 Outlook

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Source: Yahoo Finance
Broadcom’s AI-Chip Surge Lifts Q3 Revenue, with a Cautious Q4 Outlook
Photo: Yahoo Finance
TL;DR Summary

Broadcom posted a blockbuster Q3, with AI-chip revenue rising to $16.7B (up 221% year over year) and total revenue of $29.59B, while guiding Q4 revenue to $34.8B — slightly below Wall Street’s $35.03B estimate — as AI demand and networking hardware fuel growth.

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