Overview
- Broadcom reported third‑quarter revenue of $15.9 billion, up 22% year over year, setting a company record.
- AI semiconductor sales rose 63% to $5.2 billion, highlighting ten consecutive quarters of AI growth.
- Custom AI accelerators (XPUs) accounted for 65% of AI revenue, driven by hyperscalers pursuing compute self‑sufficiency.
- The company secured a reported $10 billion order for AI racks from a fourth, undisclosed customer that some observers misidentified.
- Broadcom shares have jumped about 96% over the past year versus roughly 33% for Nvidia, even as Nvidia remains the leading GPU and CUDA platform provider.