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Jun 4, 2026 8:00 AM

Broadcom Just Made Bold $100 Billion AI Revenue Forecast For Next Year, But Wall Street Doesn't Believe It: 'Is It Fair To Assume...?'

Broadcom Inc. (NASDAQ:AVGO) delivered blockbuster second-quarter financial results driven by artificial intelligence (AI) demand, yet its stock tumbled overnight as investors balked at management’s unchanged long-term forecast.

Sky-High Milestones Reiterated

During the earnings call, Broadcom President and CEO Hock Tan confirmed that the chipmaker’s explosive momentum shows no signs of slowing down. For fiscal year 2026, the company expects to achieve AI semiconductor revenue of $56 billion, representing an approximate 180% increase from the previous year.

Looking further ahead, Tan firmly backed the company’s aggressive targets for the following fiscal year.

“We reiterate our AI semiconductor revenue guidance to be in excess of $100 billion,” Tan stated. He emphasized his confidence in the trajectory, adding, “I think you will easily see that 2027 will exceed very easily $100 billion in 2027. Which is pretty much what we indicated last quarter.”

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