AVGO
Broadcom Inc. (AVGO)
369.25
+3.17% (+11.36)
Market read
Broadcom now expects stronger AI chip demand than it previously projected. This signals management sees AI-related orders continuing to build well into fiscal 2027.
Try Pro
Track capital flows and market sentiment in real time, across every asset.
Broadcom raised its fiscal 2027 AI chip revenue forecast, moving above its prior forecast.
Broadcom now expects stronger AI chip demand than it previously projected. This signals management sees AI-related orders continuing to build well into fiscal 2027.
FirstSquawk·09/03, 07:25 AM
Broadcom forecast fourth-quarter revenue of $34.8 billion, below the $35.1 billion analyst estimate, sending shares down about 4% after hours.
FirstSquawk·09/03, 03:17 AM
Broadcom guided Q4 revenue of $34,800 million, with AI semiconductor revenue guidance of $21.70 billion, up 236% year-over-year, and Q4 FY2026 non-GAAP operating income guidance of 66% of projected revenue.
Finnhub·09/08, 04:11 AM
Low impactBroadcom raised its fiscal 2027 AI chip revenue forecast to about $115 billion, up from a prior forecast of over $100 billion.
Related markets
NVDA
-1.20%
227.60
Why it matters:INTC
+7.60%
103.08
Why it matters:AMD
+4.39%
498.55
Why it matters:GOOGL
-1.16%
334.55
Why it matters:META
-0.13%
615.95
Why it matters:MRVL
+2.29%
228.67
Why it matters: