AVGO · News · 20260724N
Revenue Performance and Mix
Broadcom Inc. · 2026-07-24 · Importance 48 · Surprise 56
Broadcom reportedly delivered record second-quarter fiscal 2026 results with consolidated revenue up 47.9% year over year. AI semiconductor revenue represented approximately 49% of consolidated revenue in the quarter. The reported growth was attributed to strong demand for custom AI silicon and an elevated backlog supporting further fiscal 2026 expansion.
Key facts
- Broadcom's year-to-date price performance was 15.07% and its market capitalization stood at $1,838.8 billion (per TipRanks report through July 22). source