Broadcom stock gains on record Q3 2026 AI revenue surge
Published on 09/04/2026 at 06:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Broadcom Inc (ISIN US11135F1012) stock is trading around the mid-USD 360s region as of September 3, 2026, after the company reported fiscal third-quarter 2026 revenue of about USD 29.6 billion, up roughly 86 percent year over year, driven mainly by AI semiconductor demand according to data compiled by Investing.com.
Q3 2026 earnings show AI-led growth
According to a detailed earnings summary, Broadcom reported fiscal Q3 2026 revenue of USD 29.59 billion, up 86 percent from USD 15.95 billion in the same quarter a year earlier, while non-GAAP earnings per share reached USD 3.32.
The same overview notes that semiconductor solutions revenue more than doubled to USD 20.84 billion in Q3 2026, underscoring how much of the expansion comes from Broadcom’s chip business rather than legacy segments.
AI semiconductor revenue accelerates sharply
AI semiconductor revenue has become the centerpiece of Broadcom’s story. In fiscal Q3 2026, AI semiconductor revenue reached USD 16.7 billion, up 221 percent year over year and 54 percent sequentially, according to the same Q3 earnings analysis.
Management guidance for fiscal Q4 2026 calls for total revenue of USD 34.8 billion, representing approximately 93 percent year-over-year growth, with semiconductor revenue of USD 26.1 billion and AI semiconductor revenue of USD 21.7 billion, based on figures presented in a recent company overview.
Broadcom fundamentals and stock context
Investors can explore more details on Broadcom stock, including historical performance and regulatory disclosures, via the dedicated topic page and the company’s own investor materials.
Multi-year AI outlook and VMware integration
The FY25 presentation also highlights that Broadcom’s net revenue more than doubled from USD 27.5 billion in fiscal 2021 to USD 63.9 billion in fiscal 2025, implying a compound annual growth rate of about 23 percent over that period, as summarized by the same overview.
A key driver of that structural change is the VMware acquisition, which closed in November 2023 and helped lift fiscal 2024 revenue from USD 35.8 billion to USD 51.6 billion, according to the presentation.
Looking ahead, management expects AI semiconductor revenue of USD 58 billion in fiscal 2026, up 186 percent from the prior year, and has stated it has line of sight to USD 115 billion in AI semiconductor revenue in fiscal 2027 and USD 230 billion in fiscal 2028, based on guidance compiled in the FY25 presentation.
Representative product: custom AI accelerators
One representative pillar of Broadcom’s business is its custom AI accelerator chips and high-speed networking silicon used by large cloud and AI platforms. These chips are designed to support workloads for companies such as Google, Meta, OpenAI, and Anthropic, and helped push AI semiconductor revenue to USD 16.7 billion in fiscal Q3 2026, as reported in the earnings coverage mentioned above.
Broadcom stock valuation and recent price level
Market data compiled by GuruFocus and other portals shows Broadcom stock closing around USD 367.24 on September 2, 2026, roughly 26 percent below its 52-week high of USD 495, indicating that the stock has pulled back from its summer peak despite the surge in AI-related revenue.
Broadcom stock at a glance
- Company: Broadcom Inc
- ISIN: US11135F1012
- Ticker: AVGO
- Trading venue: NASDAQ
- Price (as of September 2, 2026): 367.24 USD
- Market capitalization: 151,000,000,000 USD (as of September 2, 2026)
- Sector / Industry: Semiconductors and infrastructure software
- Index membership: S&P 500
