Broadcom has reported its ninth consecutive earnings beat and forecasted a 236% year-on-year increase in AI semiconductor revenue for Q4, yet its stock price continues to decline. The company is now the second-largest US semiconductor firm and a key AI chip supplier to major hyperscalers like Google and OpenAI. Despite recent stock weakness due to concerns over AI capacity deployment pace and customer concentration, analysts remain bullish, with Rosenblatt Securities raising its price target to $600, implying a 77% upside. The outlook depends on Broadcom meeting its fiscal 2028 AI revenue guidance of $230 billion and continued strong demand from major AI customers.
Broadcom's strong earnings and bullish analyst outlook contrast with its modest price movement on Pluang, where the stock trades at USD 347.97 as of Sep 17, 2026 19:44 WIB, showing a 1-day gain of 2.49%. Despite the hype, the stock remains well below its 52-week high of USD 481.57, with a market cap of $1.62 trillion. Investor interest on Pluang leans heavily towards buying, with 88% of orders favoring purchases over sales.
Micas Networks introduced three new 102.4 Tbps open Ethernet switch platforms based on Broadcom Tomahawk 6 technology, designed to enhance AI factory networks. The portfolio includes air-cooled 800G, liquid-cooled 1.6T, and co-packaged optics (CPO) s...
Broadcom is building its AI business by co-designing custom chips and networking solutions for major hyperscalers under long-term contracts, unlike Nvidia which sells GPUs broadly. This approach has secured multi-year deals with companies like Google...
Broadcom CEO Hock Tan criticized AI investors for treating the market like a casino, saying many lack understanding and set unrealistic expectations. Despite Broadcom's stock rising nearly 10% this year, Tan highlighted that AI companies are still lo...
Oracle and Broadcom have taken different approaches to financing their AI chip expansions. Oracle borrows heavily and sells stock to build its own GPU data centers, resulting in large capital expenditures and negative free cash flow, raising concerns...
Intel and Broadcom CEOs warn that access to capital could become the biggest constraint on the AI boom, even as demand for computing infrastructure outpaces supply. Rising borrowing costs and higher bond yields may make financing data centers and chi...
