Overview
- Broadcom will report fiscal third‑quarter results after the market closes on Sept. 2, 2026, creating a near‑term catalyst for its stock.
- The company has guided to $29.4 billion in revenue for fiscal Q3 and projects about $56 billion in AI‑chip revenue for 2026, figures that raise the bar for the quarter.
- Analysts are modeling large profit growth for the quarter with consensus EPS around $3.24, which would reflect roughly 92% year‑over‑year expansion if achieved.
- OpenAI confirmed the Jalapeño custom AI chip was developed with Broadcom and will enter deployment this year, giving Broadcom a direct path into custom processor sales.
- Bullish industry forecasts for optical networking, including Goldman Sachs’ projection to $154 billion by 2028, matter because Broadcom sells co‑packaged optics and other networking components that could lift near‑term networking revenue and shift its AI revenue mix toward custom chips.