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Broadcom Reports Strong Q3 Results
Broadcom (AVGO) reported record Q3 sales of $15.95 billion for the fiscal third quarter on September 8, 2025, a 22% increase from $13.07 billion year-over-year, surpassing estimates of $15.82 billion. The company’s AI semiconductor revenue rose 63% to $5.2 billion. Additionally, Q3 earnings increased 36% to $1.69 per share, exceeding expectations of $1.66.
Stock Performance and Future Outlook
Following the earnings report, Broadcom’s stock surged by 16% to a new 52-week high of $356 per share and is currently up more than 40% for the year. The company has raised its Q4 revenue guidance to $17.4 billion, an increase of 24%, and anticipates AI revenue to reach $6.2 billion, marking 11 consecutive quarters of growth.
Key Financial Metrics
Broadcom’s Q3 adjusted EBITDA spiked 30% to $10.7 billion, with free cash flow soaring 47% to $7 billion. The company also secured $10 billion in orders for its new custom XPU chips, potentially from OpenAI, solidifying its position in the AI hardware market.
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