The Zhitong Finance App learned that Broadcom (AVGO.US), one of the biggest winners of the global AI craze, announced the results data for the third quarter of the 2026 fiscal year up to the end of the 2026 fiscal year after the US stock market closed on September 2 (Thursday morning Beijing time), as well as the management's latest future outlook. According to performance data, Broadcom's revenue for the third fiscal quarter was US$29.591 billion, up 86% year on year, higher than Wall Street analysts' recent strong average estimate of about US$29.5 billion. Among them, the overall revenue of AI semiconductors around AI ASIC (Google TPU is an ASIC technology route) and Ethernet switch chips was US$16.7 billion, up 221% year over year and 54% month-on-month, exceeding the average forecast of US$15.9 billion.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that Broadcom (AVGO.US), one of the biggest winners of the global AI craze, announced the results data for the third quarter of the 2026 fiscal year up to the end of the 2026 fiscal year after the US stock market closed on September 2 (Thursday morning Beijing time), as well as the management's latest future outlook. According to performance data, Broadcom's revenue for the third fiscal quarter was US$29.591 billion, up 86% year on year, higher than Wall Street analysts' recent strong average estimate of about US$29.5 billion. Among them, the overall revenue of AI semiconductors around AI ASIC (Google TPU is an ASIC technology route) and Ethernet switch chips was US$16.7 billion, up 221% year over year and 54% month-on-month, exceeding the average forecast of US$15.9 billion.
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