$Broadcom(AVGO.US) (+3.6% AH) delivered a 3Q beat and 4Q raise, fueled by growth in demand for its specialized AI chips for customers who want their own chips to lessen their reliance on NVDA’s chips.
3Q actual:- Revs $15.95B vs $15.84B est- AI chip revs $5.2B (+63% YoY) vs $5.11B est - Adj EPS $1.69 vs $1.67 est4Q guide:- Revs $17.4B vs $17.05B est- AI chip revs $6.2B (+66% YoY) vs $5.82B est CEO Hock Tan said on the conf call he expects 2026 AI sales growth to be “fairly material” and that he would remain as CEO through 2030.The copyright of this article belongs to the original author/organization.
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