AI IntelligenceMar 4, 2026Secondary Market
Article
AVGO
Broadcom reported Q1 revenue up 29% year-over-year to $19.31B, beating estimates, with AI revenue surging 106% to $8.4B. The company also announced a new $10B share buyback program. The strong AI-related results are driving the stock higher in after-hours trading, highlighting its central role in the AI infrastructure boom.
Data Cube AI EditorialSource: CNBC
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Source Brief
Broadcom reported Q1 revenue up 29% year-over-year to $19.31B, beating estimates, with AI revenue surging 106% to $8.4B. The company also announced a new $10B share buyback program. The strong AI-related results are driving the stock higher in after-hours trading, highlighting its central role in the AI infrastructure boom.
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