Broadcom Q3 FY2026 results report 221% year-over-year surge in AI semiconductor revenues driven by custom silicon and networking for hyperscale customers.

Broadcom Inc. reported strong Q3 FY2026 results, with revenue rising 86 percent year-over-year, driven primarily by a 221 percent surge in artificial intelligence semiconductor sales to $16.7 billion.

Over the past three years, Broadcom's revenue and net income have grown 218 percent and 271 percent respectively, pushing its market valuation to $1.68 trillion as of late September 2026. The company's performance reflects its position as a key supplier of custom AI chips and networking infrastructure.

For the fourth quarter, Broadcom projects AI semiconductor revenue will climb 236 percent year-over-year to $21.7 billion. The company achieved a 96 percent increase in adjusted earnings per share, with a non-GAAP operating margin of 68 percent, though gross margins contracted due to hardware mix shifts.

Market analysts have set Broadcom's forward price-to-earnings ratio at 29.85. Long-term forecasts project that AI revenues could quadruple by FY2028, with continued expansion in semiconductor hardware and software ecosystems supporting sustained growth.