Broadcom delivered record Q3 FY26 revenue, operating income, and free cash flow, driven by surging AI semiconductor sales. AI revenue is projected to reach $58B in FY26, doubling to $115B in FY27, and again to $230B in FY28, underpinning robust multi-year growth. Despite gross margin pressure from custom silicon, AVGO's operating leverage and recurring software revenue support record profitability and cash generation.
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