According to the Q3 2026 earnings release, custom AI chip sales surged 221% to $16.7 billion, but Broadcom's GAAP gross margin dropped to 69.1%.
Broadcom Inc. designs, develops, and supplies semiconductor and infrastructure software solutions to global technology leaders, generating $89,104 million in revenue and $38,265 million in net income over the last year. Strengths: Custom AI semiconductor revenue grew 221% year-over-year to $16.7 billion in Q3 2026, representing 56% of total revenue according to the Q3 2026 earnings release. Weakne