AVGO
BroadcomCustom AI accelerators for hyperscalers and the Ethernet switch silicon that connects them.
Alerts for AVGO
01What does it supply?
Products, customers, and where it sits in the AI stack.
What the company does
Semiconductors for networking, broadband, storage and wireless, plus infrastructure software (VMware).
Its role in AI
Designs custom AI accelerators (ASICs) for large cloud customers and sells the Ethernet switching and optical chips used in AI clusters.
02How much does AI matter to its business?
Significant. A large and growing share of revenue or spending is AI-related.
Reported figures come from the company's own filings and releases. Estimates are third-party or editorial and are kept separate. The exposure label is an editorial judgment.
Reported by the company
- AI semiconductor revenue of $16.7 billion, up 221% year-over-year and 54% quarter-over-quarter.Source · Q3 FY2026, quarter ended August 2, 2026
- Total revenue $29.6 billion, up 86% from the prior-year period; Semiconductor solutions $20.839 billion, Infrastructure software $8.752 billion.Source · Q3 FY2026, quarter ended August 2, 2026
- Q4 FY2026 guidance: revenue approximately $34.8 billion (up 93% YoY), AI semiconductor revenue $21.7 billion (up 236% YoY), non-GAAP operating margin 66%.Source · Guidance for Q4 FY2026, issued September 2, 2026
Estimates
No third-party or editorial estimates are listed for AVGO. Only company-reported figures are shown at present.
Key financial metrics, by reporting period
Company-reported, via TradingView03What should visitors watch next?
Earnings, product launches, customer spending, and the risks that matter.
Next earnings
No announced date on file. Check the investor relations page.
Last earnings release: 2026-09-02 (8-K)
Watch list
- Whether Q4 FY2026 AI semiconductor revenue reaches the guided $21.7 billion (236% YoY) source
- Whether total Q4 revenue lands near the guided ~$34.8 billion with non-GAAP operating margin held at 66% source
- Enterprise uptake of the VMware Private AI Cloud and VMware AI Factory offerings announced August 31, 2026 source
Growth drivers
- CEO Hock Tan: demand for the company's custom AI accelerators and networking continues to be very strong source
- AI semiconductor solutions include custom accelerators (XPUs), Ethernet switching/routing silicon, NICs, PHYs and optical components, plus racks and systems based on its XPUs source
- CFO Amie Thuener: Q4 consolidated revenue is forecast to increase 93% year-over-year to $34.8 billion while maintaining a 66% non-GAAP operating margin source
Risks
- A substantial reduction in orders from AI customers, or cancelled/delayed hyperscaler expansion plans, could materially harm results if the shortfall cannot be offset source
- Roughly 95% of wafer manufacturing comes from TSMC, which could prioritize other customers, raise prices or cut deliveries on short notice, preventing timely fulfillment source
- The top five end customers represented about 40% of fiscal 2025 revenue, so losing a major hyperscaler or AI infrastructure customer could materially reduce operating results source
Recent developments: SEC filings
Source: SEC EDGAR · refreshed every 15 min- 10-QQuarterly report2026-09-10documentfolder
- 8-KEarnings release · items 2.02,8.01,9.012026-09-02documentfolder
- 8-KCurrent report · items 8.012026-07-06documentfolder
- 8-KCurrent report · items 8.01,9.012026-06-18documentfolder
- 8-KCurrent report · items 8.01,9.012026-06-11documentfolder
- 10-QQuarterly report2026-06-09documentfolder
- 8-KEarnings release · items 2.02,8.01,9.012026-06-03documentfolder
- 8-KCurrent report · items 5.072026-04-21documentfolder
- 8-KCurrent report · items 8.012026-04-06documentfolder
- 8-KCurrent report · items 5.022026-04-02documentfolder
- 10-QQuarterly report2026-03-11documentfolder
- 8-KEarnings release · items 2.02,8.01,9.012026-03-04documentfolder
Insider trades
Form 4, last 6 filings| Insider | Transaction | Shares | Avg price | Filed |
|---|---|---|---|---|
DELLY GAYLA J Director | Gift · disposed | 500 | — | 2026-07-14 |
Brazeal Mark David Chief Legal & Corp Affairs Ofc | Open-market sale · disposed | 25,000 | $401.33 | 2026-07-14 |
Brazeal Mark David Chief Legal & Corp Affairs Ofc | Open-market sale · disposed | 25,000 | $379.19 | 2026-07-10 |
DELLY GAYLA J Director | Open-market sale · disposed | 1,890 | $385.38 | 2026-07-10 |
PAGE JUSTINE Director | Open-market sale · disposed | 1,602 | $373.86 | 2026-07-01 |
Brazeal Mark David Chief Legal & Corp Affairs Ofc | Open-market sale · disposed | 25,000 | $387.00 | 2026-06-29 |
News
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Also tagged: Networking
Original sources
- Investor relations — earnings dates, releases, presentations
- SEC EDGAR company page — every filing (CIK 0001730168)
- TradingView symbol page — full chart and data
Research note — Fiscal year ends early November (FY2025 ended November 2, 2025); the FY2026 10-K is not yet filed, so risks come from the FY2025 10-K. No Q4 FY2026 earnings date was posted on the IR events or news pages as of 2026-09-17.