Broadcom Inc. (AVGO) said in a press release on Dec. 11, 2025, that its revenue guidance for the first quarter pointed to stronger growth as surging demand for custom AI accelerators and networking chips boosted profit and cash flow.

For the quarter ended Nov. 2, 2025, Broadcom reported revenue of $18.0 billion, up 28% year over year, and adjusted EBITDA, a proxy for operating profit, of $12.2 billion, equal to 68% of revenue. GAAP net income was $8.5 billion, while non-GAAP net income reached $9.7 billion. GAAP diluted earnings per share (EPS) stood at $1.74, with non-GAAP EPS at $1.95.

Cash from operations totaled $7.7 billion. After capital expenditures of $237 million, free cash flow was $7.5 billion, or 41% of revenue. The company raised its quarterly common-stock dividend by 10% to $0.65 per share.

Broadcom guided first-quarter fiscal 2026 revenue to about $19.1 billion, a 28% increase from the prior year, with adjusted EBITDA expected to be 67% of projected revenue. Management said AI chip sales—custom accelerators and semiconductors for AI networking—are forecast to double year over year to $8.2 billion.

The company reiterated its focus on AI infrastructure and infrastructure software and emphasized disciplined capital returns through dividends and share repurchases. Together, the guidance, strong cash generation, and dividend increase indicate that AI accelerator demand could sustain another year of revenue growth while preserving capital-return capacity.

Broadcom Inc.  (NASDAQ: AVGO) is consolidating Monday. On Friday, the shares fell almost 12% after the company posted earnings.

Stock Of The Day: Where Will The Broadcom Selloff End?

Shares of Broadcom, CoreWeave and Oracle all dropped on Monday, extending last week's declines. While the artificial intelligence boom shows no signs of easing, investors have grown concerned about how it will all be financed.

AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

Shares of Broadcom sank last week despite a positive earnings report. A lofty valuation may be to blame.

Here's The Real Reason Why Broadcom Stock Tumbled Last Week

Broadcom (AVGO) stock plunged 11.4% in a single session, rattling investors as concerns mounted over AI-related revenue pressure on gross margins and a more subdued growth outlook for its AI business. The sharp selloff reflects fears that enthusiasm around AI may be outpacing near-term profitability.

What Is Happening With Broadcom Stock?

US stocks slip as Nasdaq Index weakens, with tech and AI shares led lower by Broadcom ahead of key jobs and inflation data.

Nasdaq Index: Tech and AI Stocks Slide as Broadcom Weakness Hits US Indices

AVGO slid 11% after Q4 results despite beating on earnings and revenues, as concerns over AI margins weighed on sentiment, making ETFs like SMH a safer way to play the dip.

ETFs to Buy as Broadcom Trips 11% Despite Beating Q4 Earnings & Revenues

Recently, Zacks.com users have been paying close attention to Broadcom Inc. (AVGO). This makes it worthwhile to examine what the stock has in store.

Broadcom Inc. (AVGO) Is a Trending Stock: Facts to Know Before Betting on It

Broadcom Inc (NASDAQ: AVGO) may have delivered strong AI revenue growth that grabbed headlines, but a deeper look at how that growth is structured highlights a risk that's less of a concern for Nvidia Corp (NASDAQ: NVDA) — concentration of demand and future margin pressures tied to its custom silicon business.

Broadcom's $6 Billion AI Quarter Carries A Risk Nvidia Bulls Don't Worry About

Broadcom just delivered another record year of blowout results. Broadcom expects AI semiconductor revenue to double year over year in its upcoming quarter.

After Outperforming Every "Magnificent Seven" Stock in 2025, Is Broadcom Still a Buy for 2026?

Broadcom (AVGO) delivered a robust Q4FY25, with revenue up 28% and GAAP EPS up 93% year-over-year. Google TPUs are no longer exclusive to it and are driving AVGO revenue growth. AVGO's AI Trifecta — XPU processors, high-speed networking, and VMWare — drives strategic advantage and strong free cash flow, yielding $26.9 billion in FY25. The $73 billion AI backlog is a minimum, not a cap; management expects order-flow to "accelerate" through 2026.

Broadcom: What So Many Analysts And Investors Got Wrong - Buy The Dip

Broadcom reported AI-driven revenue surged 74% YoY, with FQ1'26 guidance for AI revenue to double to $8.2 billion, yet margin pressure persists. The semiconductor company got hit with overblown market concerns over lower margins, AI backlog, and OpenAI commitments. Gross margin concerns stem from product mix, not competitive pressure, as massive AI demand drives overall profit and cash flow growth.

Broadcom: Market Sweating The AI Details

Regardless of this year's stock market volatility, the explosive demand for semiconductors and microchips that has grabbed news headlines and led the market higher over the past few years remains.

Broadcom (NASDAQ: AVGO) Stock Price Prediction and Forecast 2025-2030 (Dec 2025)

Nvidia and Broadcom are key suppliers of artificial intelligence infrastructure, but Wall Street says Nvidia is the better stock to buy right now. Nvidia GPUs are the fastest AI accelerators on the market, and its CUDA platform is the most robust suite of software tools for accelerated computing applications.

Nvidia Stock vs. Broadcom Stock: Wall Street Says This AI Stock Is the Best Buy

Broadcom reported revenue and profits that eclipsed analysts' consensus estimates, but the stock plummeted in response. Profit-taking was the likely culprit, but Wall Street was universally bullish.

Broadcom's AI Accelerator Business Is Booming, But the Stock Is Falling. Could This Be the Most Underrated AI Play Right Now?

Broadcom, a chip company vying with Nvidia for AI computing revenue, suffered the worst stock decline in 10 months after its sales outlook for the market failed to meet investors' lofty expectations. Karl Ackerman, managing director of semiconductors and networking hardware at BNP Paribas, joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Tech.

Broadcom Slides as AI Backlog, Margins Scrutinized

Broadcom's (AVGO) earnings was a report Kim Forrest liked but believes the stock sold off when guidance didn't "exceed greatly." She adds that A.I.

AVGO Earnings Show A.I. Demand "Accelerating" Amid Long-Term Buildout

Broadcom's custom AI chip business is growing rapidly. Wall Street, however, is wary about how much upside that growth suggests.

Broadcom's AI Business Is Growing Fast. Here's Why the Stock Is Tanking Anyway.

Broadcom's better-than-expected results weren't enough to keep investors from rushing for the exits. The stock sank alongside a decline in shares of Oracle, CoreWeave and other companies tied to AI infrastructure.

Broadcom tumbles 11% despite blockbuster earnings as 'AI angst' weighs on Oracle, Nvidia

Broadcom's lack of disclosure around its newest AI customer — the company's fifth — has investors confused about the company's work with OpenAI.

Here's the latest mystery spooking Broadcom investors — but not analysts

CEO Hock Tan said there was a fifth customer for AI chips that ordered $1 billion of chips for delivery in late 2026.

Broadcom Stock Crumbles as Wall Street Makes Guesses About Mystery Customer

Broadcom (AVGO) delivered robust quarterly results, with AI silicon driving 28% revenue growth and expanding its addressable market and customer base. AVGO's AI-related revenue now comprises nearly 60% of semiconductor sales, and AVGO is leveraging its considerable strength in AI networking and compute silicon to grow its backlog. The legacy semiconductor business should see some improvement in FY'26, but AI growth is far and away the key driver with $73B in the backlog.

Broadcom Q4 Earnings: The Price Of Ownership Includes Volatility

AVGO posts 37% EPS growth and 28% revenue jump in fiscal Q4, fueled by AI strength, but shares slip over 3% despite the beat.

Broadcom Q4 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Fall

Stocks on Wall Street plunged on Friday as Broadcom's latest results added to concerns about an AI-fueled bubble, dampening optimism stoked by the Federal Reserve's less-hawkish-than-expected signals on 2026 rate cuts. In recent trading, the Dow Jones Industrial Average tumbled more than 200 points, or 0.5%, to 48,462.

Dow tumbles after hitting record high, while Broadcom latest to fuel AI bubble fears

Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) is drawing strong support from analysts following its latest earnings report, as the company's expanding artificial intelligence (AI) business offsets concerns about margin pressures and a premium valuation. Analysts at Bank of America noted the company's AI backlog of $74 billion over the next six quarters, calling it “generally in line with bull case expectations, and management suggests that more could be added.

Broadcom: AI orders bolster analyst confidence despite margin and valuation pressures

Broadcom (AVGO) led AI hardware stocks lower Friday, extending Thursday's tech rout despite a stronger-than-expected earnings report from the chipmaker.

The AI Trade Is Getting Hammered Again Friday, This Time Led by Broadcom

US stocks slipped as Broadcom reignited AI profit fears, pressuring tech stocks while Fed rate-cut debate and improving market breadth shaped the S&P 500 outlook.

S&P500: Broadcom Rekindles AI Doubts as Fed Cut Debate Weighs on Tech Stocks

Broadcom Inc (NASDAQ: AVGO) just pulled off the most lucrative "quiet pivot" in Silicon Valley — and the market almost missed it while obsessing over a routine 5% dip.

Broadcom's 50‑Year Playbook Gets A Radical Rewrite — Thanks To OpenAI, Google, Meta

Broadcom just wrapped up its 4QFY25 earnings call, and investors are not happy. The stock is down a little over 5% in extended trading. While we understand investors are spooked by rich valuations and looming AI bubble fears, we believe Broadcom will grow into its forward earnings. AI semiconductor revenue is set to double year-over-year to $8.2B, with now three of the four tier 1 players in Broadcom's customer mix.

Broadcom Q4 Post-Earnings: Another AI Overreaction To Buy

Semiconductor stocks show mixed but constructive action into Friday, with Nvidia consolidating, Intel supported on pullbacks, and AMD stabilizing despite cautious AI guidance. Overall momentum favors buying dips across the group.

NVDA, INTC and AMD Forecast – Chips Looking for Momentum After Broadcom Concerns

Broadcom is playing down the prospects for Google's Tensor Processing Units to become the dominant AI chips.

Google's AI Chips Are Hot. Why Partner Broadcom Is Talking Down Their Success.

Broadcom (AVGO) beat Q4 expectations on strong AI demand but faces near-term margin pressure as AI revenue mix rises. Cannabis stocks surged on reports Trump may push for marijuana reclassification to Schedule III, though no final decision is made.

Wall Street Breakfast Podcast: Broadcom Brings More AI Butterflies

HSBC Global Head of Tech Hardware & Semi Research Frank Lee discusses Broadcom's earnings report, and why he's bullish on the company's backlog and AI networking narrative.

HSBC: There could be much more upside to Broadcom's AI backlog

Yesterday we were watching whether Broadcom could sustain its AI momentum and deliver guidance that justified its 75% rally this year.

Broadcom Reports Strong AI Revenue Surge but Shares Drop on Guidance Warning

Broadcom Inc's (NASDAQ:AVGO, XETRA:1YD) sharp after-hours slide, a drop of about 4.5%, wiping roughly $72 billion off its value, set the tone for a bruising session, as investors balked at the company's latest outlook for AI-related sales. The chipmaker, often bracketed with Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) in the race to supply high-end components for artificial intelligence systems, unnerved the market when chief executive Hock Tan offered a backlog figure that sounded underwhelming.

Broadcom sparks another round of AI bubble jitters

Broadcom shares dropped 4.7% in Frankfurt on Friday a day after the company projected first-quarter revenue above Wall Street estimates, but said margins would fall due to a higher mix of AI revenue.

AI bellwether Broadcom shares fall 5% a day after results

Broadcom said in a September call that it had signed a customer that had placed a $10 billion order for custom chips. On Thursday, CEO Hock Tan revealed that the mystery customer was Anthropic.

Broadcom reveals its mystery $10 billion customer is Anthropic

The AI trade has sputtered lately. Investors looking for Broadcom's latest quarterly results to get it running again have been disappointed so far.

Broadcom Turned In Strong Earnings. But Will They Revive the AI Trade?

Broadcom Inc. delivered strong fiscal Q4 results, beating estimates with 28% revenue growth and robust AI semiconductor momentum. AI chip revenue is set to double, driving accelerated growth and favorable operating leverage for AVGO. Despite exceptional operational performance and free cash flow generation, AVGO trades at a lofty ~70x FCF and ~45x earnings, limiting upside.

Broadcom: Massive Growth From This AI Champion

Josh Lipton examines some of the top themes moving markets on Asking for a Trend on Thursday, Dec. 11. CFRA Research senior vice president and equity analyst Angelo Zino shares his instant reaction to Broadcom earnings and talks about OpenAI's new ChatGPT 5.2 update.

Broadcom earnings analysis, OpenAI debuts ChatGPT 5.2, Disney & OpenAI impact on ad market

The 'Fast Money' traders react to Broadcom earnings.

'Fast Money' traders react to Broadcom earnings

Chris Rolland, Susquehanna, joins 'Closing Bell Overtime' to talk Broadcom shares popping on Q4 results.

Broadcom shares pop on Q4 results

Broadcom's stock has been on a run in recent weeks as excitement builds for custom chips — and its latest earnings report is set to add to the momentum.

Broadcom earnings pass the test as AI momentum sends the stock higher

The chip designer posted nearly twice as much net profit in the fourth quarter as it did a year earlier.

Broadcom Reports $18 Billion in Revenue as AI Chip Sales Climb

Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) on Thursday reported stronger-than-expected fourth-quarter earnings, propelled by a surge in AI semiconductor sales, and raised its dividend as the chipmaker posted record revenue and robust cash flow. For the fourth fiscal quarter ended, Broadcom reported revenue of $18.02 billion, beating analyst estimates of $17.49 billion.

Broadcom reports strong Q4 as AI chip revenue drives record growth

Broadcom on Thursday projected first-quarter revenue above Wall Street estimates, betting that sustained, robust demand for its specialized artificial intelligence chips would power another year of growth and help quell investor worries of a spending slowdown.

Broadcom forecasts upbeat quarterly revenue on strong AI chip demand

Broadcom reported better-than-expected earnings and revenue, and issued a strong forecast for the current quarter, driven by AI sales. CEO Hock Tan said in a statement that Broadcom expects AI chip sales in the first quarter to double on a year-over-year basis to $8.2 billion. Growth is coming from custom AI chips as well as semiconductors for AI networking.

Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter

Revenue of $18,015 million for the fourth quarter, up 28 percent from the prior year period GAAP net income of $8,518 million for the fourth quarter; Non-GAAP net income of $9,714 million for the fourth quarter Adjusted EBITDA of $12,218 million for the fourth quarter, or 68 percent of revenue GAAP diluted EPS of $1.74 for the fourth quarter; Non-GAAP diluted EPS of $1.95 for the fourth quarter Cash from operations of $7,703 million for the fourth quarter, less capital expenditures of $237 million, resulted in $7,466 million of free cash flow, or 41 percent of revenue Quarterly common stock dividend increased by 10 percent from the prior quarter to $0.65 per share First quarter fiscal year 2026 revenue guidance of approximately $19.1 billion, an increase of 28 percent from the prior year period First quarter fiscal year 2026 Adjusted EBITDA guidance of 67 percent of projected revenue (1) PALO ALTO, Calif. , Dec. 11, 2025 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its fourth quarter and fiscal year ended November 2, 2025, provided guidance for its first quarter of fiscal year 2026 and announced its quarterly dividend.

Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results and Quarterly Dividend

On Thursday, Broadcom forecasted first-quarter revenue to surpass Wall Street expectations. The company is counting on continued strong demand for its specialized artificial intelligence chips to drive another year of growth and ease investor concerns about a potential spending slowdown.

Broadcom revenue guidance signals stronger quarter as AI accelerator and networking chip demand bolsters profit and cash flow and may prompt repositioning.

Broadcom Revenue Guidance Jumps on AI Chip Demand

OpenAI safety leader quits after an essay alleging a broken culture, renewing scrutiny of deployment pace and weighing on investor risk views.

OpenAI Safety Leader Quits, Citing Broken Culture

Rivian Q3 deliveries topped estimates as the R2 ramp boosted volumes, raising Q4 execution risk after the firm reaffirmed 2026 delivery guidance.

Rivian Q3 Deliveries Top Estimates as R2 Rollout Gains

FAA panel said on Oct. 2, 2026 the Boeing 737 MAX software glitch was not a safety concern, easing certification risk and reducing near-term uncertainty.

Boeing 737 MAX Software Glitch Not a Safety Issue

SpaceX stock drew investor attention after three launches on Oct. 1-2, 2026 and spurred trading interest as reports cited Starlink revenue growth.

SpaceX Stock in Spotlight After Triple Launch

Amazon data center investment launches a multiyear Built Together pledge to blunt local opposition and ease permitting risk that slows site timelines.

Amazon Data Center Investment: $1B Community Pledge

Toshiba HDD expansion reportedly would double AI-capacity in fiscal 2027, raising trader concern that added supply could dent incumbents' pricing.

Broadcom Revenue Guidance Jumps on AI Chip Demand

KEY TAKEAWAYS

HIGH POTENTIAL TRADES SENT DIRECTLY TO YOUR INBOX

Fourth-Quarter Results and Cash Flow

AI-Driven First-Quarter Outlook

Related Articles

HIGH POTENTIAL TRADES SENT DIRECTLY TO YOUR INBOX

Read other top news stories