Broadcom Shares Climb 60% in Year, Forecasts $8.2B Q1 AI Revenues
Broadcom shares have risen 60% over the past year, outperforming the broader computer and technology sector’s 25.2% gain and the semiconductor industry’s 53.2% gain. The company forecasts Q1 fiscal 2026 AI revenues to double to $8.2 billion and reports a current AI switch order backlog exceeding $10 billion.
1. Broadcom Outperforms Sector and Industry
Broadcom shares rose 60% in the trailing 12-month period, outperforming the broader computer and technology sector’s 25.2% return and the semiconductor industry’s 53.2% return, driven by its innovative product portfolio and expanding partner network.
2. Q1 Fiscal 2026 AI Revenue Guidance
The company expects first-quarter fiscal 2026 AI revenues to double year over year, reaching $8.2 billion, reflecting strong demand for its AI-focused application-specific integrated circuits and infrastructure solutions.
3. AI Switch Backlog Tops $10 Billion
Broadcom’s current order backlog for AI switches exceeds $10 billion, fueled by the traction of its 102-terabit-per-second Tomahawk 6 switch in data center and hyperscaler deployments.
4. Expanding Product Portfolio Supports Growth
Recent launches include the industry’s first Wi-Fi 8 silicon solutions and the BroadPeak radio digital front-end SoC for 5G massive MIMO, alongside networking advances like the Jericho 4 Ethernet fabric router, underpinning long-term top-line potential.