AVGO
BroadcomCustom AI accelerators for hyperscalers and the Ethernet switch silicon that connects them.
Next earnings: Broadcom has not announced its next earnings date. Its last earnings release was filed with the SEC on September 2, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead. Last earnings release on EDGAR
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.
Why AVGO is rated significant
Significant. AI semiconductor revenue was $16.7 billion of $29.6 billion total in the quarter ended August 2, 2026 (56%), up 221%, and is guided to $21.7 billion of about $34.8 billion in Q4 (62%). Infrastructure software (VMware, $8.75 billion) and non-AI chips are large enough that Broadcom is not a pure AI company, but AI is now the majority of revenue.
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.
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- 8-KCurrent report · items 2.032026-10-27documentfolder
- 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
Insider trades
Form 4, last 6 filings| Insider | Transaction | Shares | Avg price | Filed |
|---|---|---|---|---|
SAMUELI HENRY Director | Open-market sale · disposed | 702,190 | $356.04 | 2026-09-25 |
SAMUELI HENRY Director | Gift · disposed | 72,474 | — | 2026-09-25 |
O'Toole Amie Thuener Chief Financial Officer | Tax withholding · disposed | 1,554 | $339.27 | 2026-09-17 |
Brazeal Mark David Chief Legal & Corp Affairs Ofc | Tax withholding · disposed | 8,059 | $339.27 | 2026-09-17 |
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 |
DELLY GAYLA J Director | Open-market sale · disposed | 1,890 | $385.38 | 2026-07-10 |
News
AVGO in plain answers
The questions readers ask about Broadcom, answered from the company's own filings and this site's research. Each answer names its source.
What does Broadcom (AVGO) supply to AI?+
Semiconductors for networking, broadband, storage and wireless, plus infrastructure software (VMware). Designs custom AI accelerators (ASICs) for large cloud customers and sells the Ethernet switching and optical chips used in AI clusters.
How much does AI matter to Broadcom's business?+
AI exposure is rated significant on this site: A large and growing share of revenue or spending is AI-related. Reported by the company: AI semiconductor revenue of $16.7 billion, up 221% year-over-year and 54% quarter-over-quarter. Total revenue $29.6 billion, up 86% from the prior-year period; Semiconductor solutions $20.839 billion, Infrastructure software $8.752 billion.
Company filing or releaseWhen is Broadcom's next earnings date?+
Broadcom has not announced its next earnings date. Its last earnings release was filed with the SEC on September 2, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead.
Last earnings release on EDGARAre Broadcom insiders buying or selling AVGO stock?+
In the latest Form 4 filings for AVGO there are 3 open-market sales, 4 other transactions (grants, option exercises, tax withholding); the most recent was filed on September 25, 2026 by SAMUELI HENRY. Every transaction links to the filing on SEC EDGAR below.
Most recent Form 4What should investors watch for AVGO?+
Whether Q4 FY2026 AI semiconductor revenue reaches the guided $21.7 billion (236% YoY) Whether total Q4 revenue lands near the guided ~$34.8 billion with non-GAAP operating margin held at 66% Enterprise uptake of the VMware Private AI Cloud and VMware AI Factory offerings announced August 31, 2026
SourceWhat are the main risks for Broadcom?+
A substantial reduction in orders from AI customers, or cancelled/delayed hyperscaler expansion plans, could materially harm results if the shortfall cannot be offset Roughly 95% of wafer manufacturing comes from TSMC, which could prioritize other customers, raise prices or cut deliveries on short notice, preventing timely fulfillment 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
Annual report, Item 1AWhich AI category is AVGO in?+
Broadcom is listed under Chips & Compute and Networking (primary: Chips & Compute). Custom AI accelerators for hyperscalers and the Ethernet switch silicon that connects them.
Related companies in Chips & Compute
Compare all →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