By Aparajita Chatterjee
Publication Date: 2026-02-22 04:33:00
Broadcom, one of the largest players in semiconductor manufacturing, is heading closer to reporting its first-quarter earnings on March 4. And Wall Street’s focus will be to determine whether the booming AI infrastructure buildout is also translating into steady profits.
Stock performance-wise, it has been mixed; while down 3% year to date, Broadcom’s stock price is up 50% over the year. Investors continue to monitor whether the previous AI momentum will hold against rising margin concerns in Q1.
Given the earnings season underway, with some hyperscalers such as Meta and Amazon already reporting large capital expenditure numbers, owing to their AI pursuits, analysts are also increasing their estimates amid the changing landscape.
Bank of America analyst Vivek Arya, in a note shared with me, raised the bank’s long-term outlook for AI data centers, projecting the total addressable market for AI data center system spending to reach roughly $1.4 trillion by 2030, up from…
