- Broadcom said Q3 AI semiconductor revenue grew 221% year over year and 54% sequentially, supporting a sharp upward AI revenue trajectory.
- Management forecast $58B of FY26 AI revenue and outlined $115B in FY27 and $230B in FY28.
- VMware Private AI Cloud targets enterprises running AI inference and autonomous agents inside their own data centers, with VMware AI Factory supporting more than 150 open-source and commercial models.
- Broadcom said 56% of enterprises are already running or planning to run production AI inference on a private cloud, positioning VMware's installed base as a distribution channel for enterprise AI infrastructure.
Quotes
“We delivered an exceptional quarter with revenue, operating income and free cash flow all exceeding prior records.”
“Driving this was our Q3 AI semiconductor revenue, which grew 221% year-on-year and up 54% sequentially.”
“chain of custody capabilities between developers and multiple agents”