Earnings call briefFiscal third-quarter 2026
Broadcom raises fiscal 2026 AI revenue outlook to $58 billion
Broadcom also said it is very much on target to exceed $30 in fiscal 2028 earnings per share.
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On its fiscal third-quarter call, Broadcom said it now expects fiscal 2026 AI semiconductor revenue of $58 billion, up 186% year over year, above its prior guidance of $56 billion.
It expects AI revenue of approximately $115 billion in fiscal 2027 and $230 billion in fiscal 2028, with supply secured for both years. Broadcom said it does not intend to update that AI revenue outlook quarterly.
Quotes from the call
“...we expect AI revenue to double again to approximately $115 billion in fiscal 2027 and double again in fiscal 2028 to $230 billion.”
“...I got to say we are very much on target to exceed $30 in earnings per share in fiscal 2028.”
Key facts from the call
- Fiscal 2026 AI semiconductor revenue outlook
- $58 billion, up 186% year over year
- Prior fiscal 2026 AI revenue guidance
- $56 billion
- Fiscal 2027 AI revenue outlook
- Approximately $115 billion
- Fiscal 2028 AI revenue outlook
- $230 billion
Source: Broadcom's fiscal third-quarter 2026 earnings call, September 2, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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