https://www.live-feeds.com/feed/broadcom-third-quarter-profit-soars-on-growing-custom-chip-demandContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/broadcom-third-quarter-profit-soars-on-growing-custom-chip-demandhttps://www.live-feeds.com/feed/broadcom-third-quarter-profit-soars-on-growing-custom-chip-demand#u56108Thu, 03 Sep 2026 22:02:35 +0000Broadcom beat third-quarter expectations as revenue from AI semiconductors tripled and AI growth hit 221%. The company raised its AI chip forecast due to increased spending from Big Tech and demand from AI labs for custom accelerators. Despite these gains, Broadcom stock fell after the company missed its fourth-quarter guidance. The company now predicts a surge in AI chip sales over the next two years, positioning itself as a primary alternative to Nvidia for AI infrastructure.Why it mattersBroadcom provides critical networking and custom silicon used by major AI developers like OpenAI and Ant