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Broadcom Targets US$29.4 Billion Quarter As AI Expectations Reach New Heights
(MENAFN- Mid-East Info) Abu Dhabi, United Arab Emirates – September 2026: As Broadcom prepares to report its latest earnings, investor attention is firmly on the semiconductor giant's AI outlook, with expectations high for both its quarterly performance and guidance for the year ahead.
Broadcom has emerged as one of the biggest beneficiaries of the AI boom, but following the market's reaction to its previous results, another strong quarter alone may not be enough to satisfy investors.
Commenting ahead of the results, Josh Gilbert, etoro Lead Analyst, APAC & Middle East, said:“Broadcom has become one of the AI boom's biggest winners, but as we've come to understand with the AI trade in 2026, simply delivering a big quarter is no longer enough. Last time out, Broadcom posted record AI revenue, and its shares still fell 12.6%, after the Q3 AI forecast missed elevated expectations and management left its longer-term target unchanged. Supply constraints, rather than demand, were blamed, so investors will want evidence that Broadcom can convert its huge order book into revenue more quickly. “This week, revenue is expected to rise 85% to US$29.4 billion, with adjusted earnings nearly doubling to US$3.23 a share. Nvidia's result last week showed that AI infrastructure demand remains extraordinary, and if demand is not the problem, investors will expect that strength to flow through to a major guidance upgrade. Management is currently targeting more than US$100 billion in AI semiconductor revenue next year when the market wants something closer to US$120 billion, and with bookings running at almost three times shipments last quarter, another conservative target won't cut it with shareholders.
“The other issue is Google. Its new chip agreement with Marvell Technology has raised concerns that Broadcom could lose share at its biggest custom silicon customer, so Broadcom needs to show that Google is adding a supplier rather than swapping one out. A strong quarter is already expected, so the harder job is convincing investors that US$100 billion is the floor for its AI business, not the ceiling.” About etoro: etoro is a trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So, we've created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On etoro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre for our latest news. Disclaimers: Availability of the above-mentioned products and services may vary by jurisdiction and country, for example not all of these products and services are currently available to US users. Tori does not provide investment advice. Tori is an AI-powered tool designed to offer educational content, data and general market insights. It does not consider personal circumstances and should not be relied upon for investment decisions. Zengo's non-custodial wallet is a separate product from etoro's regulated exchange services. Access to Web3 services through the wallet, including decentralized applications, token swaps, and staking, is not a regulated activity and is not offered, managed, or guaranteed by any etoro regulated entity. Users interact directly with third-party protocols and are responsible for their own actions. etoro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. etoro is a group of companies that are authorised and regulated in their respective jurisdictions. The regulatory authorities overseeing etoro include:
Broadcom has emerged as one of the biggest beneficiaries of the AI boom, but following the market's reaction to its previous results, another strong quarter alone may not be enough to satisfy investors.
Commenting ahead of the results, Josh Gilbert, etoro Lead Analyst, APAC & Middle East, said:“Broadcom has become one of the AI boom's biggest winners, but as we've come to understand with the AI trade in 2026, simply delivering a big quarter is no longer enough. Last time out, Broadcom posted record AI revenue, and its shares still fell 12.6%, after the Q3 AI forecast missed elevated expectations and management left its longer-term target unchanged. Supply constraints, rather than demand, were blamed, so investors will want evidence that Broadcom can convert its huge order book into revenue more quickly. “This week, revenue is expected to rise 85% to US$29.4 billion, with adjusted earnings nearly doubling to US$3.23 a share. Nvidia's result last week showed that AI infrastructure demand remains extraordinary, and if demand is not the problem, investors will expect that strength to flow through to a major guidance upgrade. Management is currently targeting more than US$100 billion in AI semiconductor revenue next year when the market wants something closer to US$120 billion, and with bookings running at almost three times shipments last quarter, another conservative target won't cut it with shareholders.
“The other issue is Google. Its new chip agreement with Marvell Technology has raised concerns that Broadcom could lose share at its biggest custom silicon customer, so Broadcom needs to show that Google is adding a supplier rather than swapping one out. A strong quarter is already expected, so the harder job is convincing investors that US$100 billion is the floor for its AI business, not the ceiling.” About etoro: etoro is a trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So, we've created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On etoro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre for our latest news. Disclaimers: Availability of the above-mentioned products and services may vary by jurisdiction and country, for example not all of these products and services are currently available to US users. Tori does not provide investment advice. Tori is an AI-powered tool designed to offer educational content, data and general market insights. It does not consider personal circumstances and should not be relied upon for investment decisions. Zengo's non-custodial wallet is a separate product from etoro's regulated exchange services. Access to Web3 services through the wallet, including decentralized applications, token swaps, and staking, is not a regulated activity and is not offered, managed, or guaranteed by any etoro regulated entity. Users interact directly with third-party protocols and are responsible for their own actions. etoro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. etoro is a group of companies that are authorised and regulated in their respective jurisdictions. The regulatory authorities overseeing etoro include:
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