Broadcom reported a consolidated revenue of $29.6 billion for fiscal Q3 2026, marking an 86% increase year-over-year. Sales of AI semiconductors reached $16.7 billion, accounting for 56% of the company's total revenue. Operating income rose 92% to $20.1 billion, while free cash flow reached $13.7 billion.
The company projects Q4 fiscal 2026 revenue of approximately $34.8 billion. Broadcom raised its full-year AI revenue forecast to $58 billion, with long-term projections reaching $115 billion in fiscal 2027 and $230 billion in fiscal 2028. Key customers include Google, Meta, OpenAI, and Anthropic, with Anthropic expected to become the largest buyer of custom XPU accelerators by 2027.
Intel reported revenue of $16.1 billion, a 25% increase compared to the previous year. Its Data Center and AI segment grew 59% to $6.3 billion. Intel’s non-GAAP gross margin reached approximately 41.8%, and the company reported narrowing losses in its foundry business under the leadership of CEO Lip-Bu Tan.
