Broadcom Q1 Revenue Jumps 28% to $18 B with 74% AI Sales Surge

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Broadcom reported Q1 FY2026 revenue of $18.02 billion, up 28% year-over-year, driven by a 74% surge in AI semiconductor sales. Management projects AI semiconductor revenue will double to $8.2 billion next quarter, highlighting intensifying hyperscaler demand for custom accelerators.

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