Broadcom reports $16.7 billion in AI semiconductor revenue

Wednesday, September 2, 2026 · 8:45 PM UTC

Broadcom reported third-quarter revenue of $29.59 billion, up 86% year over year and above the $29.36 billion estimate cited in the summary. It said AI semiconductor revenue rose 221% to $16.7 billion, while its fourth-quarter revenue forecast was below estimates.

Sources

Techmeme

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Capital Infrastructure

iPronics raises $125 million for optical AI data-center switching

Valencia-based iPronics has announced a $125 million Series B round, with Nvidia participating, to expand its optical circuit-switching business for AI data centers. Maverick Silicon and Light Street Capital co-led the round, bri...

Products Infrastructure

Microsoft plans quarterly Azure sales disclosure

Microsoft will begin disclosing quarterly sales for Azure, reversing its prior approach after Wall Street criticism over visibility into the company's principal growth engine. The change would give investors a separate reported me...

AI Infrastructure

AWS opens Bedrock access to GPT-5.6 models from Australia

AWS says teams using its Sydney and Melbourne regions can now invoke OpenAI GPT-5.6 Sol, Terra and Luna through Amazon Bedrock global cross-Region inference. Applications call a local Bedrock Runtime endpoint while AWS routes proc...

AI Infrastructure

AWS brings Bedrock Web Search to GovCloud West

Amazon Bedrock's server-side Web Search tool is now available in AWS GovCloud (US-West), AWS said. The service lets supported OpenAI GPT models retrieve web results with citations inside Bedrock; AWS says administrators can contro...

Policy Infrastructure

FCC proposes robocall-blocking scorecards for phone providers

The Federal Communications Commission said it will develop a robocall mitigation scorecard to assess how effectively phone companies block illegal spam calls. The proposed scorecards could combine call-blocking statistics, custome...

Science Infrastructure

Researchers release AI road map covering 9 million kilometers

Researchers at Heidelberg University and HeiGIT released an open-access dataset that maps and classifies more than 9 million kilometers of roads worldwide from PlanetScope satellite imagery collected between 2020 and 2024. The dat...