Broadcom Lifts 2026 AI Semiconductor Revenue Forecast to $58 Billion
The company also projected approximately $115 billion in AI semiconductor revenue for fiscal 2027 and $230 billion for fiscal 2028.
Broadcom raised its fiscal 2026 AI semiconductor revenue forecast to approximately $58 billion, extending its outlook after quarterly AI sales grew 221% year over year.
The company also projected approximately $115 billion in AI semiconductor revenue for fiscal 2027 and $230 billion for fiscal 2028 during its Sept. 2 earnings call at 5 p.m. ET (2100 UTC).
Broadcom reported fiscal third-quarter revenue of $29.591 billion for the quarter ended Aug. 2, 2026, up 86% from a year earlier. AI semiconductor revenue reached $16.7 billion, increasing 221% year over year and 54% from the previous quarter.
The AI semiconductor figure includes custom AI accelerators and networking products. Semiconductor-solutions revenue totaled $20.839 billion, while infrastructure-software revenue was $8.752 billion.
“Demand for our custom AI accelerators and networking continues to be very strong,” Broadcom President and CEO Hock Tan said in the earnings announcement.
Broadcom forecast fiscal fourth-quarter revenue of approximately $34.8 billion for the quarter ending Nov. 1, 2026. Non-GAAP operating income is expected to equal approximately 66% of revenue.
“In Q4 the momentum continues, and we expect AI semiconductor revenue to accelerate to $21.7 billion, up 236% year-over-year,” Tan said.
Chief Financial Officer Amie Thuener said fourth-quarter consolidated revenue growth is forecast to reach 93% year over year, bringing revenue to $34.8 billion.
Broadcom’s fiscal 2026 fourth-quarter guidance is an estimate, and actual results may vary materially.
