Broadcom Forecasts $58 Billion AI Revenue for Fiscal 2026
During its Q3 2026 earnings call, Broadcom (NASDAQ:AVGO) reported record-breaking performance across revenue, operating income, and free cash flow. The company attributed this success to a significant surge in artificial intelligence semiconductor sales, which grew by 221% year-on-year and 54% sequentially. Broadcom outlined ambitious financial projections for the future, forecasting $58 billion in AI-related revenue for fiscal 2026. Looking ahead, it also projected total revenues of $115 billion in 2027 and a substantial increase to $230 billion by 2028. These forecasts highlight Broadcom's strong position in the rapidly growing AI semiconductor market and suggest continued momentum driven by increasing demand for advanced computing solutions.
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Topics: ai_semi_conductors free_cash_flow operating_income revenue