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      Broadcom's Q3 FY2026 revenue was $29.591 billion, up 86% year-over-year

      PANews reported on September 3, according to Cailian Press, Broadcom's fiscal 2026 Q3 revenue was $29.591 billion, up 86% year-over-year, compared with $15.952 billion in the same period last year and market expectations of $29.362 billion; adjusted EPS was $3.32, up 96% year-over-year, compared with analyst expectations of $3.23. Q4 revenue guidance was $34.8 billion, compared with market estimates of $35.05 billion. On the earnings call, Broadcom's CEO said the company was raising its fiscal 2026 AI business revenue guidance from $56 billion to $58 billion, up 186% year-over-year; by 2027, the company has secured supply to double AI revenue to about $115 billion; and it expects AI semiconductor revenue to double again in fiscal 2028, reaching $230 billion. Broadcom's CEO said the company has begun mass production and delivery of the next-generation TPU 8I version to Google this quarter; the new Google TPU performance is on par with or better than Nvidia's Vera Rubin. After the results were released, Broadcom fell more than 6% at one point in after-hours trading, then turned positive during the earnings call.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud