By Vandita Jadeja
Publication Date: 2026-05-22 13:13:00
Quick Read
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Broadcom (AVGO) reported Q1 FY2026 revenue of $19.31B (+29% YoY) with AI semiconductor revenue surging 106% YoY to $8.40B and adjusted EBITDA margin reaching a record 68%, while CEO Hock Tan disclosed line of sight to AI chip revenue exceeding $100B in 2027 with capacity secured through 2028.
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Broadcom’s growth trajectory hinges on hyperscaler AI capex sustaining current spending levels and custom silicon deployments at major customers hitting their targets through 2027.
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The analyst who called NVIDIA in 2010 just named his top 10 stocks and Broadcom wasn’t one of them. Get them here FREE.
Few mega-caps have ridden the AI infrastructure wave as cleanly as Broadcom (NASDAQ:AVGO). With AI semiconductor revenue compounding at triple-digit rates and CEO Hock Tan publicly targeting $100 billion in AI sales by 2027, the question is no longer whether the company can grow, but how much of that growth is already priced in. Our 24/7 Wall St. price target frames…