Broadcom Reports Significant AI Semiconductor Revenue Growth and Strong Guidance

Broadcom (NASDAQ: AVGO) has reported a substantial increase in its AI semiconductor revenue, which jumped from $5.20 billion in Q3 FY25 to $10.80 billion in Q2 FY26, marking a 143% year-over-year increase. The company's Q3 FY26 guidance projects $16.0 billion, an increase of over 200% year-over-year, with management forecasting over $100 billion by FY27. Additionally, Q2 FY26 free cash flow was $10.26 billion, up 60.07% year-over-year, and net income grew 87.51% to $9.31 billion.