Image: 로이터연합뉴스
Broadcom’s third-quarter revenue tops $29.5 billion as AI chip sales surge
Translated from Korean and summarized by DistantNews. Read the original for the full story.
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- Broadcom reported fiscal third-quarter revenue of $29.591 billion, up 86% from a year earlier.
- The U.S. chipmaker said AI semiconductor revenue more than tripled year on year, helping drive the quarterly result.
- Broadcom reported net income of $13.088 billion.
Broadcom’s quarterly revenue has crossed $29 billion as demand for artificial intelligence semiconductors continues to grow. The U.S. chip company said AI chip sales more than tripled from a year earlier.
Broadcom said on the second, local time, that revenue for the third quarter of fiscal 2026, covering May through July, reached $29.591 billion. That represented an 86% increase from the same period a year earlier.
The company reported net income of $13.088 billion. The figures show the scale of the boost Broadcom has received from the expanding AI semiconductor market.
About this summary
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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