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<Results>Broadcom 1FQ Earnings Beat with AI Biz Revenue Doubling
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After the market closed on Wednesday, chipmaker Broadcom (AVGO.US) announced that its net profit for 1FQ ended February 1, 2026, increased by nearly 34% YoY to USD7.35 billion, while the adjusted EPS reached USD2.05, slightly above the expected USD2.03. During the period, Broadcom's revenue beat forecasts with a rise of 29% to USD19.31 billion. In particular, the AI revenue surged by 106% to USD8.4 billion. AASTOCKS Financial News |
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