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Avgo

All articles tagged with #avgo

stocks-and-offerings7 days ago•23 min saved

Broadcom's AI Chip Boom Surges, Yet Q4 Guidance Keeps Rally Cautious

Broadcom posted strong Q3 results with revenue up 86% year over year to $29.6 billion, adjusted operating income up 92% to $20.1 billion, and adjusted EPS up 96% to $3.32, while free cash flow rose 95% to $13.7 billion. AI chip revenue jumped 221% to $16.7 billion, and management expects AI semiconductor revenue to reach about $115 billion in FY2027, with demand currently exceeding supply. Despite the upbeat fundamentals, the stock fell after a conservative Q4 revenue guide of $34.8 billion. At about 19.3x forward earnings, Broadcom trades slightly below the IT sector average, supporting a constructive long-term outlook given its AI chip momentum and long‑term deals with Meta and Alphabet.

via Yahoo Finance|

#ai-chips #avgo #broadcom

investing13 days ago•20 min saved

Broadcom’s AI Chip Boom Reshapes the AI Hardware Playbook

Broadcom (AVGO) posted a blowout AI-focused quarter with Q3 AI semiconductor revenue up 221% year over year to $16.7 billion and guided Q4 AI revenue of about $21.7 billion, while management projects $350 billion in AI semiconductor shipments over the next two years and aims for roughly $30 per share in fiscal 2028. 24/7 Wall St. gives AVGO a Buy with a $422.39 price target, arguing the six-named-XPU customer roadmap and hyperscaler partnerships could rewrite the AI supply chain, potentially delivering an upside near 19% today, though risks include customer concentration and supply-chain constraints.

via 24/7 Wall St.|

#ai #avgo #broadcom

finance16 days ago•20 min saved

Cramer Flags An Unknown Catalyst Behind Broadcom’s Post-Earnings Dip

Broadcom beat Q3 with $29.6B revenue and $3.32 EPS, led by a 221% surge in semiconductor revenue to $16.7B, and lifted its AI‑chip revenue guidance to $115B (FY2027) and $230B (FY2028). Yet fourth‑quarter revenue guidance of $34.8B missed estimates, raising growth‑peaking concerns amid VMware margin pressure. Jim Cramer commented on Broadcom’s post‑earnings dip with “someone must know something,” underscoring lingering uncertainty around AI‑infrastructure demand even as Broadcom remains a pivotal AI chip supplier through partnerships and open AI shipments.

via Yahoo Finance|

#ai-chips #avgo #broadcom

finance17 days ago•20 min saved

AI Demand Seen Accelerating for Broadcom Despite AVGO Selloff

Morningstar maintains a $650 fair value on Broadcom (AVGO) and projects AI-chip revenue to reach about $115 billion in fiscal 2027, potentially doubling to $230 billion in 2028, driven by large ramps from OpenAI and Anthropic and a durable Google TPU relationship, suggesting AI demand persists through 2030 despite recent equity weakness. Broadcom posted solid Q3 results and guided Q4 revenue higher, keeping bullish analyst sentiment as the stock trades modestly higher premarket.

via Yahoo Finance|

#ai #anthropic #avgo

business18 days ago•20 min saved

Broadcom's AI Dream Hinges on Anthropic, a Private IPO You Can't Buy

Jim Cramer says Broadcom's AI revenue target of about $230 billion for fiscal 2028 hinges on Anthropic, a private company retail investors cannot own, making Anthropic's IPO the key near‑term catalyst; the dynamic creates single‑buyer risk versus NVIDIA’s diversified customer base, and investors should watch for Anthropic's S‑1 filing and Broadcom's Q4 FY2026 update (due Dec 9, 2026) to see how the customer mix behind the AI ramp evolves.

via 24/7 Wall St.|

#ai #anthropic #avgo

markets18 days ago•18 min saved

Broadcom shares drop after AI-driven earnings beat but guidance tops not meet

Broadcom beat on Q3 earnings and revenue, helped by booming AI demand (AI semiconductor revenue up 221% YoY to $16.7B), but management's guidance for the current quarter of about $34.8B fell short of analysts’ expectations around $35.05B, sending AVGO down roughly 4% after the results.

via Yahoo Finance|

#ai #avgo #broadcom

business18 days ago•20 min saved

Broadcom Surges on AI Demand, Beats Q3 Estimates

Broadcom (AVGO) delivered a strong Q3 FY2026: non-GAAP EPS of $3.32, up 96% year over year, on revenue of $29.59 billion, up 85% and above estimates. AI-driven demand dominated results, with AI semiconductor revenue up 221% to $16.7 billion (56% of total) and XPUs accounting for 73% of AI revenue; AI networking up more than 2.5x. Semiconductor Solutions revenue rose 127% to $20.84 billion, with a 61% operating margin, while Software revenue grew 29% to $8.75 billion with an ~84% software margin. Free cash flow hit a record $13.7 billion; cash from operations was $14.2 billion and capex $532 million. Broadcom also highlighted AI accelerators and hardware partnerships (Ironwood TPU v7, TPU v8i, Jalapeno) and guided for Q4 revenue around $34.8 billion, with AI semis about $21.7 billion, and raised its AI semiconductor revenue outlook for FY2026 to $58 billion; long-term targets point to substantial AI semiconductor growth through 2028. Zacks ranks the stock Hold.

via Yahoo Finance|

#ai-accelerators #ai-semiconductors #avgo

markets18 days ago•46 min saved

Broadcom slips after robust AI-driven results, as outlook undershoots

Broadcom’s stock fell after a Q3 earnings and revenue beat driven by strong AI-related demand, including AI semiconductor revenue of $16.7B (up 221% YoY). The company posted adjusted EPS of $3.32 vs $3.23 expected and revenue of $29.6B, up 86% YoY. However, fiscal Q4 revenue guidance of about $34.8B came in below consensus (~$35.05B), prompting investors to push the stock lower despite the strong results. CEO Hock Tan highlighted robust AI demand, while Broadcom remains a key data-center player but trades mixed with Nvidia on the AI upgrade cycle.

via Yahoo Finance UK|

#ai #avgo #broadcom

investing18 days ago•22 min saved

AI Infrastructure Boom: $1.4 Trillion by 2030 and the 3 Chip Stocks Near the Core

JPMorgan projects AI infrastructure spending to reach $1.4 trillion by 2030, with NVIDIA (GPU compute engines), Taiwan Semiconductor Manufacturing (leading-edge foundry), and Broadcom (custom accelerators and networking) at the heart of the buildout, supported by strong data-center demand and large capex; risks include supply bottlenecks through 2028 and Taiwan geopolitics impacting memory and chip supply.

via 24/7 Wall St.|

#ai-infrastructure #avgo #investing

markets18 days ago•3 min saved

AVGO Rebounds From 50-Week SMA After Broadcom Q3 Beat

Broadcom posted a strong Q3 with revenue of $29.6B (up 86% YoY), net income of $13.1B and EPS $2.68, with Q4 revenue guidance of $34.8B and AI semiconductor revenue surging to $16.7B (with expectations of $21.7B in Q4); AVGO stock slipped toward its 50-week SMA near $350 after hours but rebounded off that support, and a sustained break below could target around $300, while a stronger outlook could lift semis momentum.

via FXLeaders|

#50-week-sma #avgo #broadcom

markets19 days ago•19 min saved

Broadcom’s AI chip surge can’t fully lift AVGO as Q4 outlook dims

Broadcom topped Q3 with revenue up 86% to $29.6B and AI semiconductors at $16.7B, but it guided Q4 revenue to about $34.8B (below consensus), sending AVGO down roughly 4% after hours. The firm remains a key AI hardware player, highlighting private funding partnerships with Apollo and Blackstone to finance compute expansion, while facing intensifying competition from Marvell and MediaTek and ongoing bullish investor sentiment in some circles.

via Yahoo Finance|

#ai-semiconductors #avgo #broadcom

finance19 days ago•17 min saved

Broadcom’s AI-driven earnings beat isn’t enough to lift the stock on soft guidance

Broadcom topped expectations with Q3 adjusted EPS of $3.32 on $29.6 billion in revenue (up 86% YoY) and AI semiconductor revenue of $16.7 billion (up 221% YoY), but guidance for the next quarter of about $34.8 billion fell short of the $35.05 billion consensus, spurring after-hours selling and leaving investors unsatisfied despite strong AI demand. CEO Hock Tan cited robust data-center AI demand, and analysts say the beat wasn’t large enough to justify a bigger move given Broadcom’s AI exposure; the stock is modestly higher year-to-date versus Nvidia’s rally.

via Yahoo Finance|

#ai #avgo #broadcom

industries19 days ago•22 min saved

Broadcom posts strong earnings as AI growth outpaces stock gains

Broadcom topped July-quarter expectations with revenue of $29.6 billion (up 86% year over year) and adjusted EPS of $3.32, guiding to about $34.8 billion for the October quarter; management sees AI-chip revenue reaching $21.7 billion in fiscal 2027 and $230 billion in fiscal 2028, with Anthropic slated as the largest custom-chip customer for 2027–28. Despite the beat, the stock fell about 1% after hours and is up just 6% this year, lagging the SOX’s roughly 60% rise. The company plans about $1.4 billion in capex to expand semiconductor capacity to support AI growth, underscoring optimism about AI but a muted immediate market reaction.

via MarketWatch|

#artificial-intelligence #avgo #broadcom

finance19 days ago•19 min saved

Broadcom slips after strong earnings but soft guidance spooks investors

Broadcom beat on the quarter’s earnings and revenue, with adjusted EPS of $3.32 on $29.6B in revenue and AI semiconductor sales of $16.7B (up 221% YoY). But it guided for $34.8B in revenue for the current quarter, shy of the $35.05B consensus, sending shares down about 4% after hours. CEO Hock Tan touted robust demand for AI accelerators and data-center networking, but investors remain wary of the stock’s AI exposure. The name is up roughly 6% year-to-date, still lagging Nvidia’s double-digit gains.

via Yahoo! Finance Canada|

#ai #avgo #broadcom

markets19 days ago•30 min saved

Broadcom stock slips after strong AI-driven results miss on forecast

Broadcom posted Q3 EPS of $3.32 on revenue of $29.6B (up 86% YoY), with AI semiconductor revenue jumping 221% YoY to $16.7B, but guided for the current quarter at $34.8B revenue, below the $35.05B consensus, prompting a roughly 4% after-hours slide as investors digest the softer outlook despite the strong AI-driven growth.

via Yahoo Finance|

#ai #avgo #broadcom