- Broadcom guided fiscal Q4 2026 AI semiconductor revenue to $21.7B, up from $16.7B in fiscal Q3 2026 and accelerating from 221% year-over-year growth.
- Fiscal Q3 2026 revenue was $29.6B, up 86% year over year, with non-GAAP diluted EPS of $3.32, up 96%.
- Fiscal Q3 2026 free cash flow was $13.7B, or 46% of revenue, and Broadcom approved a quarterly dividend of $0.65 per share.
- Reuters reported, based on Anthropic's IPO filing, that Broadcom will lend Anthropic up to $42B, and Anthropic is expected to become Broadcom's largest compute customer by 2027.
- Broadcom trades at 28.2x estimated fiscal 2026 earnings on adjusted figures, a premium to the sector median of 21.01.
Quotes
“demand for the company's custom AI accelerators and networking remains very strong”
“contributing $16.7 billion in AI semiconductor revenue, a 221% year-over-year increase”