$Broadcom(AVGO.US)Broadcom (AVGO) remains an interesting AI semiconductor stock after its latest earnings update. The company reported Q3 revenue of about $29.6 billion, up 86% year over year, while AI semiconductor revenue surged 221% to $16.7 billion. Broadcom expects AI semiconductor revenue to reach $21.7 billion in Q4. Management also raised its FY2027 AI revenue outlook to approximately $115 billion. Although the share price recently faced pressure because of conservative near-term guidance, the long-term AI growth story remains strong.
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