#broadcom-earnings

#broadcom-earnings

Amazon's merger with Globalstar is set to enhance its satellite operations, providing significant infrastructure and capabilities in the low-Earth orbit sector, which is crucial for expanding connectivity options.

CoreWeave announced a six-year agreement with Meta, which will supply AI cloud capacity through December 2032. The dedicated capacity will be deployed across multiple locations and will include some of the initial deployments of the Nvidia Vera Rubin platform, designed to optimize performance, resilience, and scalability for Meta's AI operations.

This is an undervalued stock versus where people thought it was going to be. Broadcom just posted Q1 FY2026 revenue of $19.31 billion, up 29.5% year-over-year, beating estimates. The real story is AI: AI semiconductor revenue hit $8.4 billion, more than doubling year-over-year at 106% growth. That number exceeded even Broadcom's own forecast.

Broadcom has beaten EPS estimates in each of the last eight quarters, and Polymarket crowd odds currently sit at 95.85% in favor of a beat. Last quarter was strong on paper. Broadcom reported Q4 FY2025 revenue of $18.02B, beating estimates by 2.63%, with AI semiconductor revenue up 74% year over year.

Our custom accelerator business is progressing very well across five customers. Anthropic will soon implement one gigawatt of Broadcom-baked TPUs, and we expect the AI company plans a three-gigawatt deployment in 2027. Meta will install multiple gigawatts of Broadcom's XPU accelerators in 2027 and beyond. OpenAI will deploy over one gigawatt of compute capacity based on custom XPUs in 2027.