Why Broadcom matters
Broadcom's AI semiconductor revenue reached $16.7 billion in its fiscal third quarter reported September 2, 2026, up 221% year over year, on total revenue of $29.6 billion. It shipped OpenAI's first custom inference accelerator during the quarter and counts Google, Anthropic, OpenAI and Meta as XPU customers. Management guided to about $21.7 billion of AI revenue in the fourth quarter and roughly $115 billion in fiscal 2027.
The numberAI semiconductor revenue of $16.7B in fiscal Q3 2026 (reported Sept 2, 2026), up 221% year over year
On The All Things AI 100
Listed under Chips, compute, and AI clouds. The silicon and the data centers everything else runs on.
Quick answers
- What does Broadcom do?
- Designs custom AI accelerators (XPUs) and Ethernet networking chips for hyperscale data centers. Broadcom's AI semiconductor revenue reached $16.7 billion in its fiscal third quarter reported September 2, 2026, up 221% year over year, on total revenue of $29.6 billion.
- What AI capabilities does Broadcom offer?
- Broadcom designs custom AI accelerators, called XPUs, that large cloud customers use to train and serve models inside their own data centers. It also sells Ethernet switch chips, including the Tomahawk and Jericho lines, that link accelerators in AI clusters with high-bandwidth networking. These products give infrastructure buyers compute and connectivity for running AI workloads at data center scale.
- Why is Broadcom on The All Things AI 100?
- Broadcom is listed under Chips, compute, and AI clouds. The silicon and the data centers everything else runs on. AI semiconductor revenue of $16.7B in fiscal Q3 2026 (reported Sept 2, 2026), up 221% year over year.
- Where is Broadcom based, and who owns it?
- Broadcom is based in Palo Alto, CA, was founded in 1991 and is public (NASDAQ: AVGO).