Related News

‘Big Short’ investor Michael Burry denies shorting Tesla stock

Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images

IISc’s new molecular tech mimics brain functions

BENGALURU: Scientists from Indian Institute of Science (IISc) reported an advance in the long quest to move electronics beyond silicon, by creating molecular-scale devices that can adapt their behaviour and

We asked a humanoid robot if there’s an AI bubble. Here’s what it said.

The big AI bubble question has been the tech industry’s buzziest debate all year, and one robot has weighed in with its opinion. KOID is a short but slender humanoid

CBS News special: “Man on the Moon”

On the 50th anniversary, two legends tell the story of the momentous 1969 moon walk: Apollo 11 commander Neil Armstrong and “CBS Evening News” anchor Walter Cronkite — the man

Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC

Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last

When is the next full moon in 2026: Full Moon dates and timings |

Some questions arrive quietly. When is the next full Moon 2026 is one of them. It usually turns up while scanning a calendar or noticing the moon hanging a little

Broadcom (AVGO) Q3 2025 earnings report

Word Count: 346 | Estimated Reading Time: 2 minutes

Broadcom CEO Hock Tan.

Lucas Jackson | Reuters

Broadcom is scheduled to report earnings for its fiscal third quarter after the close of regular trading on Thursday.

Here’s what analysts are expecting, according to a consensus from LSEG.

Earnings per share: $1.65
Revenue: $15.83 billion

Broadcom, which develops custom chips for Google and other huge cloud companies and also makes networking gear needed to tie thousands of artificial intelligence chips together, is expected to report revenue growth of 21% from $13.07 billion a year ago.

Analysts project revenue growth will hold steady the rest of this year and accelerate a bit in 2026.

Broadcom has been one of the chief beneficiaries of the AI boom thanks largely to its accelerator chips, which the company calls XPUs. The processors are generally simpler and less expensive to operate than Nvidia’s graphics processing units, or GPUs, and they’re designed to run specific AI programs efficiently.

Analysts at Cantor Fitzgerald wrote in a report last week that they expect to see increased signs of demand from Google and Meta.

“Additionally, all eyes will turn towards any visibility of current AI Custom Silicon engagements converting into customers with high-volume ramps in sight,” wrote the analysts, who recommend buying the stock.

The analysts estimate that custom silicon could generate $25 billion to $30 billion in revenue for Broadcom next year and more than $40 billion by around 2027. The company generated total revenue of $51.6 billion in the latest fiscal year.

Shares of Broadcom are up 30% this year and have almost doubled in the past 12 months, lifting the company’s market cap to $1.4 trillion.

In the fiscal second quarter, AI revenue jumped 46% from a year earlier to more than $4.4 billion, with 40% from networking. CEO Hock Tan said that number should reach $5.1 billion in the third quarter, “as our hyperscale partners continue to invest.”

Some of Broadcom’s expansion has been fueled by acquisitions, most notably the purchase of server virtualization software vendor VMware for $61 billion in 2023. VMware is key to Broadcom’s infrastructure software business, which accounted for 44% of sales in the most recent quarter.

WATCH: Nvidia has best percentage of revenue from AI