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Broadcom expects fourth-quarter revenue of $34.8 billion, below expectations

Broadcom expects fourth-quarter revenue of $34.8 billion, below expectations

智通财经智通财经2026/09/02 21:16
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Broadcom (AVGO.US) expects fourth-quarter revenue of $34.8 billion, lower than analysts’ average estimate of $35.1 billion, with some institutions forecasting even higher figures above $36.0 billion, indicating that the company may be slower to benefit from the AI boom than the market previously anticipated. In contrast, Nvidia gave a strong earnings forecast last week, further raising the market’s expectations for AI chip demand. Broadcom is challenging Nvidia’s dominance in the AI processor market by offering custom AI chips. Although it has secured some large clients, this business is still in the early stages. Meanwhile, Broadcom is also facing competition from Marvell Technology and MediaTek, both of which are supported by Nvidia. Broadcom’s shares fell as much as 6% in after-hours US trading.
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