Broadcom reported record third-quarter results, with AI semiconductor revenue soaring 221% year-over-year and total revenue rising 86% year-over-year, surpassing analyst expectations. The company set ambitious targets for AI revenue of approximately $115 billion in 2027 and $230 billion in 2028, while guiding to over $30 earnings per share (EPS) in fiscal 2028. Management has secured supply to meet these goals. Despite risks related to customer concentration and credit exposure, the current valuation at about 11 times 2028 EPS presents an attractive risk/reward opportunity. The author remains bullish on Broadcom, viewing recent market selloffs as buying opportunities.
Nvidia reported a remarkable 75% non-GAAP gross margin in Q2 FY27, maintaining strong pricing power despite supply chain challenges and massive scale. Revenue grew over 105% year-over-year, with data center sales hitting $89 billion in a single quart...
Macquarie upgraded Broadcom from 'Neutral' to 'Outperform' and raised its price target to $490, citing strong semiconductor growth and reduced insourcing risks. Broadcom's Q3 fiscal 2026 revenue rose 33% sequentially to $29.6 billion, with a slight m...
Broadcom posted record third-quarter results with 86% revenue growth and 221% growth in AI semiconductor sales, driving a 92% increase in operating income and maintaining a strong 68% margin. The company expects AI semiconductor revenue to reach $21....
Broadcom's AI semiconductor revenue nearly doubled in one quarter, reaching $16.7 billion, yet its stock price is down 25% from its summer peak due to investor concerns. The company projects AI revenue to hit $230 billion by fiscal 2028, supported by...
Broadcom projects its AI semiconductor revenue will jump from $58 billion in fiscal 2026 to about $230 billion by fiscal 2028, signaling rapid growth in AI infrastructure demand. In Q3, AI-related revenue surged 221% to $16.7 billion, with a strong o...
