By Aniruddha Ganguly
Publication Date: 2026-08-27 18:03:00
Broadcom‘s AVGO Semiconductor Solutions business is being driven primarily by surging demand for AI infrastructure and is helping the company manage competition from NVIDIA NVDA and Advanced Micro Devices AMD. Semiconductor Solutions revenues jumped 79% year over year to a record $15 billion in the second quarter of fiscal 2026, with AI semiconductor revenues jumping 143% to $10.8 billion. AI semiconductor bookings exceeded $30 billion in the reported quarter, considerably higher than shipments, indicating strong demand visibility. Broadcom expects AI semiconductor revenues to reach $16 billion in the third quarter of fiscal 2026, indicating more than 200% year-over-year growth.
The Semiconductor Solutions segment is benefiting from strong demand for Broadcom’s custom XPUs as hyperscalers and frontier AI companies increasingly develop specialized processors for training and inference. The company has long-term engagements with six core AI customers. Broadcom has entered into…
