Broadcom Smashes AI Revenue Records but Faces Stock Selloff!

Broadcom's Q3 FY2026 AI chip revenue reached $16.7 billion, marking a stunning 221% year-over-year growth. Despite setting records, the company's Q4 guidance of $21.7 billion fell short of analyst expectations, resulting in a post-announcement stock decline. Broadcom holds a dominant 70% of the custom AI accelerator market, with significant partnerships, yet faces risks from architectural shifts in AI models.