PANews
PANews|Sep 02, 2026 23:59
[Broadcom FY2026 Q3 Revenue $29.591 Billion, Up 86% YoY] According to reports from Cailian Press, Broadcom's FY2026 Q3 revenue reached $29.591 billion, an 86% year-over-year increase compared to $15.952 billion in the same period last year, surpassing the market expectation of $29.362 billion. Adjusted EPS was $3.32, up 96% year-over-year, exceeding analysts' expectations of $3.23. For Q4, revenue guidance is set at $34.8 billion, compared to the market estimate of $35.05 billion. During the earnings call, Broadcom's CEO stated that the FY2026 revenue guidance for the artificial intelligence business has been raised from $56 billion to $58 billion, representing a 186% year-over-year increase. By FY2027, the company has secured supply to double AI revenue to approximately $115 billion. It is projected that AI semiconductor revenue will double again in FY2028, reaching $230 billion.
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