Broadcom AVGO Extends AI Lead With Massive Financing Wave

Key Takeaways For AVGO Traders

• Q3 2026 revenue for Broadcom jumped 86% year over year to $29.6B, with AI semiconductor revenue up 221% to $16.7B and Q4 revenue guided to $34.8B, including $21.7B from AI.
• Long-term compute deals show Anthropic and xAI committing about $161.2B to Broadcom equipment leases through 2029, backing durable AI demand.
• Management expects AI revenue near $115B in fiscal 2027, and Truist argues Broadcom is positioned to outperform that already-aggressive outlook.
• The company is arranging roughly $50–60B in financing, including up to $42B for Anthropic and more than $50B tied to OpenAI’s custom AI chip, locking in multi-year chip and equipment demand.
• Institutional and retail traders are leaning bullish on AVGO, with ARK buying 76,200 shares, Schwab clients net buying, and active options trading in semiconductor names.