Broadcom Q3 results confirm the stock as the number two player in AI as a combination of AI networking, custom silicon and AI software propelled total revenue to record levels. Semiconductor Solutions accelerated nine points to 26% YoY growth due to a rebound in AI accelerators (+63% YoY) and networking (170% YoY). While non-AI Semiconductor revenue remains weak and flat sequentially, VMware’s contribution helped prop up the segment. Looking ahead, Broadcom’s Q4 guide implies acceleratio...
