USSTOCK.TODAY
Pre-Market
Log in Sign up

Broadcom (AVGO) Posts Record Q3 Revenue of $29.6 Billion

Quartz +1 ·

AVGO Broadcom Inc
$367.81 -0.51%
View chart & analysis →
GOOGL +0.65% GOOG +0.53% MRVL -1.95% NTAP -1.30%
  1. 1Broadcom (AVGO) reports Q3 revenue of $29.6 billion, up 86% year over year, an all-time high
  2. 2Custom AI chip demand drives AI chip revenue to $16.7 billion; Q4 revenue guidance around $34.8 billion
  3. 3Guidance slightly misses market estimate of $35.03 billion; shares fall over 3% in after-hours trading

This 3-line summary is compiled from the report below.

Quartz +1 View original ↗

Related 3-line summaries

Broadcom schedules 30GW, $350B custom AI silicon through fiscal 2028 Investor's Business Daily +3 · 6h agoS&P 500, Dow snap three-day losing streak; oil steadies near $90 Bloomberg +1 · 8h agoApple Sues OpenAI and Others Over Systematic Trade Secret Theft Exec Edge +1 · 8h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news