Broadcom Forecasts Strong AI Revenue Growth Despite Disappointing Q3 Revenue Outlook
Guidance·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Broadcom provided a robust earnings guidance for fiscal 2028, despite a disappointing revenue forecast for the current quarter. The CEO highlighted growth opportunities through AI labs, indicating a steep ramp in AI revenue.
The company's outlook suggests confidence in its future performance, particularly in the AI sector, which is expected to drive significant revenue growth in the coming years.
Broadcom
Sources
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SourceReports the news
“Broadcom gave a disappointing revenue forecast for the current quarter but provided robust earnings guidance for fiscal 2028.”
CNBC — Broadcom delivers strong earnings view as CEO touts growth with AI labs“Broadcom Forecasts Steep Ramp In AI Revenue”
Yahoo Finance — Broadcom Forecasts Steep Ramp In AI Revenue