Broadcom reports Q1 revenue up 29% YoY to $19.31B, above $19.18B est., AI revenue up 106% YoY to $8.4B, and authorizes up to $10B in share buybacks through 2026
Broadcom reported better-than-expected earnings and revenue and issued a strong forecast for the current period as the chipmaker continues to benefit from the artificial intelligence boom.
Broadcom reports Q1 revenue up 29% YoY to $19.31B, vs. $19.18B est., AI revenue up 106% to $8.4B, and announces a $10B share buyback program
Cisco unveils its Silicon One G300 switch chip, made using TSMC's 3nm tech, to take on Broadcom and Nvidia in AI infrastructure, set to go on sale in H2 2026
Cisco unveils its Silicon One G300 switch chip, made using TSMC's 3nm tech, to take on Broadcom and Nvidia in AI infrastructure, set to go on sale in H2 2026
Cisco Systems (CSCO.O) on Tuesday launched a new chip and router designed to speed information through massive data centers that will compete …
US tech stocks and bitcoin rally after three days of selling; Nasdaq Composite closed up 2.18%, Broadcom 7.22%, Strategy 26.11%, and bitcoin rebounded to ~$70K
Nasdaq climbs after sell-off fuelled by worries over vast AI spending — US technology stocks and bitcoin rallied strongly …
Driven by the AI boom, chipmakers posted $400B+ in sales in 2025; FactSet projects revenue for Nvidia, Intel, Broadcom, AMD, and Qualcomm to reach $538B in 2026
Wall Street Journal :
Broadcom's shares fell 11% on December 12, their biggest single-day drop since January, after the company's AI sales outlook fell short of investor expectations
Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, suffered the worst stock decline in more than 10 months …
Broadcom reports Q4 revenue up 28% YoY to $18.02B, vs. $17.49B est., and forecasts Q1 revenue above est., as it expects AI chip sales to double YoY to $8.2B
Kif Leswing / CNBC :
Broadcom CEO Hock Tan reveals that Anthropic placed a $10B order for Google's Ironwood TPU racks in Q3 and says Anthropic placed an additional $11B order in Q4
Broadcom revealed during a September earnings call that it had signed a customer that had placed a $10 billion order for custom chips.
Source: Microsoft is in talks to design future custom chips with Broadcom, which would involve Microsoft switching its business from Marvell
Abram Brown / The Information :