AVGO · 10-Q · 2026Q2 · Full report

AI Infrastructure Investment

Broadcom Inc. · 2026-06-09 · Importance 88 · Surprise 82

Inventory increased to $4,328 million at May 3, 2026 from $2,270 million at November 2, 2025 primarily to support higher expected shipments for custom AI accelerators. The company attributes inventory buildup directly to anticipated AI-related product demand and uses it to support higher expected shipments. This inventory increase is a material working capital deployment tied to Broadcom's semiconductor solutions and AI product strategy.