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Broadcom's quarterly revenue rose 86% to $29.6 billion, driven by chips for AI data centres

Its semiconductor sales more than doubled from a year earlier. The company forecasts $34.8 billion for the next quarter, up 93%.

Catching up: the original came out on . This story was published later, when the site opened.

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Sources: 1 · top grade 3How evidence is graded

$29.6bn

Broadcom's revenue in the quarter to 2 August, up 86% on a year earlier

Grade 3 · Filed record

Source: Broadcom, via SEC EDGAR

What changed
Broadcom reported revenue of $29.6 billion for the quarter to 2 August, up 86%, with semiconductor sales up 127% to $20.8 billion.
Who it counts
Broadcom's worldwide sales of chips and infrastructure software, as filed with the SEC; not the whole chip industry.
What it does not tell you
How much of it is AI. The $16.7 billion AI figure is the chief executive's, not a line in the filed tables.

The full story Check the source

Broadcom's revenue rose 86% to $29.6 billion in the quarter to 2 August, from $16.0 billion a year earlier, according to results it filed with the US Securities and Exchange Commission on 2 September [1].

Sales of semiconductor solutions grew 127% to $20.8 billion, 70% of revenue. Infrastructure software grew 29% to $8.8 billion [1].

Net income was $13.1 billion under standard accounting, against $4.1 billion a year earlier [1].

The chief executive said revenue from AI semiconductors was $16.7 billion, up 221%, from demand for its custom AI accelerators and networking chips [1].

What it measures

Broadcom's worldwide revenue for its third financial quarter, as reported to the SEC. The segment figures split its chip sales from its infrastructure software [1].

The company expects revenue of about $34.8 billion in the quarter to 1 November, up 93% on a year earlier [1].

What it does not tell you

How much of the growth came from AI. The $16.7 billion AI figure is the chief executive's statement in the release, not a line in its financial tables [1].

Who the customers are. The release does not name them [1].

The forecast is the company's own estimate, which it says could vary materially [1].

Sources and their grades

  1. Broadcom, via SEC EDGAR, Broadcom Inc. Announces Third Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend (Exhibit 99.1 to Form 8-K). Read 29 September 2026. Grade 3 · Filed record Filed 2 September 2026. The revenue and segment figures are from the tables; the AI revenue figure and the forecast are the company's own statements (grade 5).

A grade says how much weight a source will take, from 1 (a body that can compel an answer and has nothing to sell) to 5 (somebody describing what they sell, or themselves). The standard sets out what each grade may be used for.

Filed under AI Results Semiconductors

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