AVGO posts record Q3 revenue and operating income; AI revenue surges
Broadcom (AVGO) reported record Q3 revenue and operating income. Q3 AI semiconductor revenue rose 221% year-over-year, supported by infrastructure software performance. Q4 guidance projects 93% year-over-year revenue growth and AI revenue to triple.
Record Q3 results driven by 221% AI semiconductor revenue growth and strong infrastructure software performance.
Q4 guidance projects 93% revenue growth year-over-year, with AI revenue expected to triple.
Multi-year outlook anticipates AI revenue doubling in both 2027 and 2028.Based on Broadcom Inc…