Broadcom shares rise on forecast of AI chip revenue doubling
Broadcom (AVGO) shares climbed nearly 3% as it forecast AI-related chip revenue to more than double in fiscal 2027, then increase again in fiscal 2028.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
2 results loaded, newest first. End of these results.
Broadcom reports record Q3 revenue, lifts Q4 AI outlook
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.