Broadcom's Next Earnings Report on September 2 Could Send the Stock Soaring. Here's Why.

Live updates

1. 13d ago

   Broadcom Projects $230B AI Chip Revenue by FY2028 Despite Weak Quarterly Forecast

   Broadcom reported mixed results on September 2, providing a disappointing revenue forecast for the current quarter alongside robust earnings guidance for fiscal 2028. The company projects AI chip revenue will reach $230B by FY2028, identifying OpenAI and Anthropic as primary custom-chip customers. Before the release, the stock traded at $370.25 in premarket activity. While long-term AI growth remains a driver, the company faces immediate pressure to prove that VMware, networking, and custom silicon can sustain its next growth phase.

   Why it matters

   Broadcom is positioning itself as a critical provider of custom AI silicon to compete in a market dominated by specialized hardware. Investors are weighing these long-term bets against near-term technical fragility and broader market risks.

   What is confirmed

   • Broadcom projects AI chip revenue will reach $230B by FY2028.
   • OpenAI and Anthropic are top custom-chip customers for Broadcom.
   • Broadcom provided a disappointing revenue forecast for the current quarter.
   • Broadcom issued robust earnings guidance for fiscal 2028.

   Still unconfirmed

   • Rising Treasury yields near 5% and September seasonality could trigger a 5-8% stock pullback.

   What to watch next

   • Market reaction to the FY2028 guidance versus the weak current quarter forecast
   • Updates on custom-chip delivery timelines for OpenAI and Anthropic
   Sources used for this update (5)

   1. www.cnbc.com — What to watch in Broadcom’s upcoming earnings – and why Nvidia is running
   2. www.tradingpedia.com — Broadcom Faces High-Stakes Earnings Test as AI Bets Rise
   3. www.cnbc.com — Broadcom delivers strong earnings view as CEO touts growth with AI labs
   4. www.briefs.co — Broadcom bets big on AI chips, names Anthropic and OpenAI as rising anchors
   5. www.briefs.co — JPMorgan's Grace Peters says rising yields could jolt stocks as September seasonality bites
   confidence 90%
2. 14d ago

   Broadcom reports earnings amid conflicting market projections

   Broadcom reports earnings on September 2, with market analysts divided on the stock's potential trajectory. Some projections suggest the report could send the stock soaring, while others argue the third quarter results will not change the company's current position. Traders are monitoring potential volatility, with some estimates suggesting the company's value could swing by $139 billion following the announcement.

   Why it matters

   Earnings reports for semiconductor companies often dictate broader tech sector trends. Broadcom's performance serves as a benchmark for industry demand and valuation.

   Still unconfirmed

   • Broadcom's stock could soar following the September 2 earnings report.
   • The company's value could swing by $139 billion after earnings.
   • Mike Khouw believes the current trade could be a winner.
   • The third quarter results will not change anything for the company.

   What to watch next

   • Broadcom's official Q3 earnings release on September 2
   • Post-earnings stock price movement
   • Analyst revisions to Broadcom valuation after the report
   Sources used for this update (5)

   1. CNBC — Broadcom reports earnings this week. Mike Khouw says this trade could be a winner
   2. Investopedia — Here’s How Much Traders See Broadcom Stock Moving After Earnings
   3. Yahoo Finance — Broadcom's Next Earnings Report on September 2 Could Send the Stock Soaring. Here's Why.
   4. Seeking Alpha — Broadcom: Why Q3 Is Not Going To Change Anything
   5. Benzinga — Broadcom Could Swing $139 Billion In Value After Earnings
   confidence 70%