Broadcom Forecasts $100B AI Chip Revenue by 2027 Amid $10B Buyback
Broadcom (AVGO) reported its Q1 2026 earnings yesterday, posting revenue of $19.31B (+29% YoY) and GAAP EPS of $1.50 (+32% YoY). It beat the market estimates by narrow margins (less than 1% revenue beat), mostly fueled by AI growth. Broadcom’s share price climbed to $317.12, marking a 1.18% increase. Despite the positive share price movement … Read more
