US Markets
Home›US Markets›Sectors›Broadcom and Nvidia post strong AI-chip results as cus…
Broadcom and Nvidia post strong AI-chip results as custom silicon expands
Broadcom guided Q3 AI semiconductor revenue to $16.0 billion, targeting more than 200% year-over-year growth driven by hyperscaler custom ASIC demand.
Broadcom and Nvidia just closed earnings seasons that further highlighted the competition behind the AI chip boom, with Nvidia leaning on standardized accelerators and Broadcom pushing custom silicon for hyperscalers. According to Yahoo Finance, Nvidia posted $82 billion in Q1 revenue, up 85% year over year, while Nvidia’s Data Center revenue reached $75.246 billion, up with networking within the segment rising 199%.
Yahoo Finance reports Nvidia guided Q2 revenue to $91.0 billion, excluding China, as management described accelerating AI factory buildouts. The article also notes the CEO sold 445,723 shares in mid-June.
For Broadcom, the focus was on AI semiconductor momentum tied to custom ASICs, with Yahoo Finance saying Broadcom’s AI semiconductor revenue surged 143% year over year. In Broadcom’s Q2 FY2026, revenue totaled $22.19 billion, and AI semiconductor revenue was $10.80 billion, the outlet reported, adding that Broadcom expects Q3 AI semiconductor revenue to grow more than 200% year over year to $16.0 billion.
The comparison underscored different strategies within the AI infrastructure stack, with Yahoo Finance pointing to Broadcom’s custom-chip pipeline and Ethernet AI switches that compete with Nvidia’s networking approach. The article also frames a key offset in Broadcom’s ecosystem, noting VMware adds a $7.18 billion software cushion that Nvidia does not have.