Broadcom Inc. is scheduled to report fiscal third-quarter earnings on Wednesday, September 2.

Broadcom Inc. is scheduled to report its fiscal third-quarter earnings after the market close on Wednesday, September 2. The company is expected to post earnings per share of $3.22, which represents a 90% increase from the previous year's period. Quarterly revenue is projected to reach $29.47 billion, an 85% increase from the prior-year quarter. Growth is being driven by custom AI accelerators and networking chips, alongside the integration of VMware. Management expects AI semiconductor revenue to reach approximately $16 billion in the third quarter, representing over 200% year-over-year growth. This expansion is supported by partnerships with Meta Platforms, OpenAI, and Alphabet's Google. The company's software revenue is also expanding, with Infrastructure Software revenue projected to increase 31% to $8.9 billion in the third quarter. Broadcom Inc. has exceeded earnings expectations for 21 consecutive quarters. While the company faces competition from Nvidia and Marvell Technology, it remains a key player in the AI infrastructure market.

Sources

• CNBC
  Broadcom reports earnings this week. Mike Khouw says this trade could be a winner
• Seeking Alpha
  Broadcom: Why Q3 Is Not Going To Change Anything
• Yahoo Finance
  Is Broadcom (AVGO) Stock a Buy Before Its Q3 Earnings?

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Paywall and unreadable sources

• thestreet.com
  Morgan Stanley delivers bold pre-earnings verdict on Broadcom
• Moomoo
  With Broadcom's earnings report imminent, JPMorgan remains firmly bullish: the market has significantly underestimated AI business growth, and concerns over Google's TPU losing favor are exaggerated.