Broadcom and Micron report huge AI-driven reven… | Pluang

Broadcom and Micron posted exceptional quarterly results driven by AI demand. Broadcom’s AI semiconductor revenue surged 143% to $10.8 billion, with networking making up 40% of AI sales and bookings surpassing $30 billion. Micron reported $41.5 billion revenue with strong margins, boosted by fast ramp-up of HBM4 memory and rising DRAM prices. Both companies have secured long-term contracts to stabilize revenue amid memory scarcity. Investors will watch Broadcom’s shipment execution and Micron’s Q4 guidance for continued growth. Broadcom offers stable growth, while Micron presents higher upside with more volatility.