Broadcom posted Q2 AI semiconductor revenue of $10.8 billion, up 143% year-over-year, with total revenue of $22.19 billion and EPS of $2.44 beating $2.40 consensus per Reuters. Infrastructure software came in at $7.18 billion against a $7.32 billion expectation, and the stock dropped 5% after-hours despite Q3 AI guidance of $16 billion (over 200% YoY growth). Classic buy-the-rumor, sell-the-news after the prior run-up.
Broadcom AI Chip Revenue Hits $10.8B, Stock Drops 5% After-Hours on Software Miss
Broadcom Q2 AI revenue hit $10.8 billion (+143% YoY), total $22.19B. But software missed by $140M and the stock dropped 5% after-hours. Q3 AI guidance of $16 billion implies 200% growth.
Sources
https://www.techtimes.com/articles/317703/20260603/broadcom-earnings-record-ai-revenue-hits-108b-stock-slips-software-miss.htm | https://www.tradingkey.com/analysis/stocks/us-stocks/261944759-avgo-q2-earnings-broadcom-outlook-investors-ai-stock-after-tradingkey | https://www.investing.com/news/transcripts/earnings-call-transcript-broadcom-q2-2026-earnings-beat-stock-rises-93CH-4725429
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