Will Broadcom's AI chip revenue top its own $16 billion forecast when it reports Sept 2?
65% of users predicted YES — the community got this one right. 23 predictions cast.
Broadcom reported fiscal third-quarter 2026 results on September 2, beating Wall Street estimates with adjusted earnings of $3.32 per share on $29.59 billion in revenue, versus forecasts of $3.21 and $29.25 billion. AI semiconductor revenue, the metric tied to this question, came in at $16.7 billion, above the company's own $16 billion guidance issued the prior quarter, according to CNBC and the Motley Fool.
The beat was driven by continued custom AI chip demand from large cloud providers building out data center capacity, a trend Broadcom has ridden through 2026 as hyperscalers diversify their AI silicon supply beyond Nvidia GPUs. Broadcom's forward guidance extended the story: it forecast $34.8 billion in total revenue and $21.7 billion in AI semiconductor revenue for the fiscal fourth quarter, and projected $58 billion in full-year AI chip revenue, with visibility to $115 billion in fiscal 2027 and $230 billion in fiscal 2028.
Despite clearing its own forecast, Broadcom shares were volatile in the immediate aftermath as investors weighed the modest size of the quarterly beat against the scale of the longer-term AI spending story.
The community had priced a 65% chance Broadcom would clear its own $16 billion bar, and the market got it right: the company topped its guidance as reported in its September 2 earnings release.