https://www.live-feeds.com/feed/broadcom-earnings-today-outlook-shows-surging-ai-chip-salesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/broadcom-earnings-today-outlook-shows-surging-ai-chip-saleshttps://www.live-feeds.com/feed/broadcom-earnings-today-outlook-shows-surging-ai-chip-sales#u63343Thu, 10 Sep 2026 01:30:16 +0000Broadcom expects its AI semiconductor revenue to reach $230 billion by fiscal year 2028, doubling its target annually over the next two years. The company reported $16.7 billion in AI semiconductor revenue for fiscal Q3 2026, a 221% year-over-year increase. Management now targets $115 billion for fiscal 2027, supported by secured supply. While these projections indicate massive growth driven by custom AI chips for firms like OpenAI and Anthropic, the stock price has not yet fully reflected these forecasts.Why it mattersBroadcom is scaling its custom AI chip business to meet spending increases https://www.live-feeds.com/feed/broadcom-earnings-today-outlook-shows-surging-ai-chip-saleshttps://www.live-feeds.com/feed/broadcom-earnings-today-outlook-shows-surging-ai-chip-sales#u57376Fri, 04 Sep 2026 21:51:26 +0000Broadcom reported soaring third-quarter profits driven by increased demand for custom AI chips. CEO Hock Tan projected AI revenue will reach $230 billion by 2028, a figure four times the current year's level. The company raised its AI chip forecast as large technology firms increase spending. Despite these strong earnings and a bullish long-term outlook, Broadcom stock fell in after-hours trading. The company's growth is supported by partnerships with AI labs including OpenAI and Anthropic.Why it mattersCustom AI chips allow big tech firms to optimize hardware for specific large lang