Broadcom CEO Hock Tan Says AI Isn't Hurting Software Business: 'We're Not Seeing It'

Broadcom CEO Hock Tan said AI is boosting VMware growth, not hurting its software business, as the company issued strong guidance.

Broadcom, CrowdStrike, Xos, Navitas Semiconductor And Five Below: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. stocks closed lower on Wednesday, with the Dow Jones Industrial Average slipping 1.2% to 50,687.07.

Broadcom CEO Says Very Comfortable That We Have Been Able To Secure Supply For 2026 And 2027; Working On 2028 And 2029; We're Planning To Ship 10 GW In 2027; Expect A Lot More GW In 2028

-Conference Call

Broadcom CEO Says Forecast Q3 Software Revenue To Be About $8.9B; To Date, We Have Received Purchase Orders Totaling $6B

-Conference Call

Broadcom CEO Says Forecast Q3 Non-AI Semiconductor Revenue To Be About $4.5B

-Conference Call

Broadcom CEO Says Entered Into An Agreement To Enable Anthropic To Access Another 5 GW Of Next-Generation TPU-Based Compute Beginning In 2027; Meta's Initial Order For One GW, Which Includes

-Conference Call

Broadcom CEO Says In Q2, Bookings For AI Semiconductors Were Over $30B, Against The $10.8B We Shipped; For FY2026, We Expect To Achieve AI Semiconductor Revenue Of $56B

-Conference Call

Broadcom Stock Slides On Mixed Q2 Results Despite Booming AI Semiconductor Revenue

Broadcom Inc (NASDAQ:AVGO) posts financial results for the second quarter of fiscal 2026 after the market close on Wednesday.

Broadcom Q2 Semiconductor Solutions Revenue $15.009B, Up From $8.408B YoY

Broadcom Says In Q3 We Expect Semiconductor Revenue From AI To Grow Over 200% YoY To $16B

"Broadcom achieved record revenue, operating profit and free cash flow in Q2 driven by accelerating growth in AI semiconductor revenue and strong operating leverage. Q2 semiconductor revenue from AI of $10.8 billion grew