Broadcom Q1 Revenue Up 28% as AI Semiconductor Sales Surge 74%
Broadcom reported Q1 FY2026 revenue of $18.02B, up 28% year-over-year, with AI semiconductor sales surging 74%. The company posted 188% earnings growth, maintained roughly 68% gross margins and guided AI chip revenue to double to $8.2B next quarter.
Related News
META
Meta Lays Off 10% Workforce, Cancels 6,000 Hires as AI Capex Jumps
META•
ING
ING-backed euro stablecoin consortium grows to 37 banks, eyes H2 launch
ING•
NBTX
Nanobiotix Halts Trading to Finalize €75 M Follow-On Offering Pricing
NBTX•
GROW
US Global Investors Sees 15% AUM Gain, 31% Revenue Growth and $2.6M Profit
GROW•
TGT
Target Raises Full-Year Sales Outlook to 4% After Q1 Revenue Jumps 6.7%
TGT•
Sources
2FP