According to a research report published by Goldman Sachs, Broadcom's quarterly results generally met market expectations, with revenue of 29.6 billion US dollars, gross profit margin of 75%, operating profit margin of 67.9%, and operating profit of 3.32 US dollars per share; AI semiconductor revenue increased 221% year over year to 16.7 billion US dollars. Management expects AI semiconductor revenue to double to more than US$115 billion in fiscal year 2027 and to more than US$230 billion in fiscal year 2028; in the short term, AI revenue is expected to increase by more than 100% to US$58 billion in fiscal 2026. On the customer side, in addition to the continued growth of Google's business, Anthropic is expected to become the largest customer in the 2027 fiscal year, and OpenAI and Meta will also make significant contributions in the 2028 fiscal year. The bank's revenue forecasts for AI semiconductors for the 2026/27/28 fiscal year are $58 billion, $125 billion, and $240 billion, respectively. The bank believes that the current level is still attractive, maintains a “buy” rating, and raised its 12-month target price from $525 to $540.

According to a research report published by Goldman Sachs, Broadcom's quarterly results generally met market expectations, with revenue of 29.6 billion US dollars, gross profit margin of 75%, operating profit margin of 67.9%, and operating profit of 3.32 US dollars per share; AI semiconductor revenue increased 221% year over year to 16.7 billion US dollars. Management expects AI semiconductor revenue to double to more than US$115 billion in fiscal year 2027 and to more than US$230 billion in fiscal year 2028; in the short term, AI revenue is expected to increase by more than 100% to US$58 billion in fiscal 2026. On the customer side, in addition to the continued growth of Google's business, Anthropic is expected to become the largest customer in the 2027 fiscal year, and OpenAI and Meta will also make significant contributions in the 2028 fiscal year. The bank's revenue forecasts for AI semiconductors for the 2026/27/28 fiscal year are $58 billion, $125 billion, and $240 billion, respectively. The bank believes that the current level is still attractive, maintains a “buy” rating, and raised its 12-month target price from $525 to $540.