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Broadcom reports Q3 revenue up 22% YoY to $16B, vs. $15.8B est., AI revenue up 63% to $5.2B, and forecasts Q4 revenue above estimates; AVGO up 10%+ pre market (Dina Bass/Bloomberg) from Techmeme RSS feed.
Broadcom reports Q3 revenue up 22% YoY to $16B, vs. $15.8B est., AI revenue up 63% to $5.2B, and forecasts Q4 revenue above estimates; AVGO up 10%+ pre market (Dina Bass/Bloomberg)
Dina Bass / Bloomberg:
Broadcom reports Q3 revenue up 22% YoY to $16B, vs. $15.8B est., AI revenue up 63% to $5.2B, and forecasts Q4 revenue above estimates; AVGO up 10%+ pre market — Broadcom Inc. is helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia Corp.