Broadcom CEO Hock Tan confirmed the chipmaker plans to ship 10 gigawatts of AI compute capacity to six major customers by 2027, projecting AI chip revenue exceeding $100 billion — a fivefold increase …
Broadcom shares fell 4% in after-hours trading Thursday despite reporting record fiscal second-quarter revenue of $22.19 billion, a 48% year-over-year increase that beat analyst estimates. AI semicond…
Broadcom's stock dropped 11% in after-hours trading after the chipmaker issued fiscal Q3 AI revenue guidance of $16 billion, falling roughly $1.2 billion short of Wall Street's $17.2 billion consensus…
Broadcom reported fiscal Q2 2026 revenue of $22.2 billion, a 48% increase year-over-year, driven by AI semiconductor revenue that surged 143% to $10.8 billion. The company guided for approximately $29…
Broadcom reported second-quarter earnings of $2.44 per share on revenue of $22.19 billion, exceeding analyst expectations of $2.40 per share and $22.13 billion, respectively. The company also issued t…