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Broadcom reported fiscal 2026 Q3 revenue of $29.59B vs $29.36B estimates and adjusted EPS of $3.32 vs $3.24. It guided Q4 revenue to about $34.8B vs $35.03B estimates; Cantor, BMO and Rosenblatt raised price targets.
Broadcom reported record Q3 FY 2026 revenue of $29.6 billion, with AI semiconductor revenue up 221% to $16.7 billion. It guided Q4 consolidated revenue to $34.8 billion and AI revenue to $21.7 billion.
Alibaba reported fiscal first-quarter 2027 revenue of $39.64 billion, up 9% year over year and above the $38.63 billion estimate, while adjusted earnings per ADS fell 42% to $1.26, missing expectations of $1.85.
AVGO AVGO - Broadcom Inc. to Announce Third Quarter Fiscal Year 2026 Financial Results on Wednesday, September 2, 2026