By Radek Strnad
Publication Date: 2026-03-11 08:20:00
Broadcom’s fourth quarter results saw a positive market reaction, reflecting strong momentum in its AI semiconductor business and improved operating leverage. Management highlighted that demand for custom AI accelerators among its six major customers, including Google and Anthropic, drove a 106% year-on-year increase in AI semiconductor revenue. CEO Hock Tan credited the company’s ability to deliver high volumes of custom chips and secure critical supply chain components, stating, “Our scale continues to drive significant operating leverage.” The quarter also benefited from expanding AI networking sales, enabled by Broadcom’s Tomahawk 6 switch and advanced SerDes technology.
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Revenue: $19.31 billion vs analyst estimates of $19.21 billion (29.5% year-on-year growth, 0.5% beat)
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Adjusted EPS: $2.05 vs analyst estimates of $2.02 (1.3% beat)
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Adjusted EBITDA: $13.13 billion vs…
