AVGO · News · 20260728N
Revenue Performance and Mix
Broadcom Inc. · 2026-07-28 · Importance 64 · Surprise 56 · In source text
Broadcom reported quarterly revenue of $22.19 billion, up 47.9% year over year, with adjusted EPS of $2.44. AI semiconductor revenue increased 143% year over year in fiscal second quarter 2026, making AI the primary growth driver. AI semiconductor revenue was projected at approximately $56 billion for fiscal 2026, while non-AI semiconductor revenue showed signs of recovery in the second quarter.
Key facts
- AI networking accounted for nearly 40% of AI semiconductor revenue in Q2, with management guiding AI semiconductor revenue above $100 billion by fiscal 2027. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | AI networking accounted for nearly 40% of AI semiconductor revenue in Q2, with management guiding AI semiconductor revenue above $100… |