Broadcom's Q3: AI Semiconductors, Infrastructure Software Drive Growth
Update: 2025-12-18
Description
Broadcoms Q3 earnings exceeded expectations, with $18.02 billion in revenue and $1.95 in adjusted earnings per share. Despite strong performance, the market reacted negatively. The company attributed this to surging demand for AI semiconductors and growth in infrastructure software. AI semiconductor revenue saw a sharp increase due to custom accelerators and AI data center components. The infrastructure software segment benefited from VMware Cloud Foundation adoption, leading to strong contract bookings and an expanding software backlog. Broadcoms operating margin improved to 41.7% from 32.9% last year. For Q4, the company projects $19.1 billion in revenue, above analyst estimates. Broadcom is monitoring AI order backlog conversion, VMware Cloud Foundation integration, packaging technology advancements, and supply chain resilience to meet future delivery commitments and sustain growth.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
