AVGO's accelerated AI revenue growth (FY27 $115B, FY28 $230B) supports a long-term bull thesis; selling post-report is considered a mistake.

This week we got important updates from companies such as Broadcom, Snowflake, and Palo Alto , with all three companies providing a fascinating look at three different layers of artificial intelligence.

Broadcom gives us a perspective on artificial intelligence infrastructure .

But let's start with Broadcom first, because these numbers are enormous. Broadcom just announced quarterly revenues of $29.6 billion. This represents an 86% year-on-year increase.

Non-GAAP earnings per share were $3.32, and the company generated an impressive $13.7 billion in free cash flow during the quarter alone.

But the number that really interests me is the future projections for artificial intelligence. Broadcom raised its forecast for AI chip revenue for fiscal year 2027 to approximately $115 billion. That was previously around $100 billion.

Broadcom is now raising its AI revenue forecast . Different company, different products, same message. But they did not stop there. For me , this was a huge show of confidence in the company.

They also gave us revenue projections for fiscal year 2028 of $230 billion in sales. So, a doubling of what they will do next year. Growth is accelerating, not slowing down. Spending on artificial intelligence infrastructure remains very strong.

Investors who sell the stock after this report will be wrong in the long run .

Meanwhile, tensions between the United States and Iran have escalated once again. Oil has risen back above $90. Inflation fears and rising bond yields are creating pressure on stocks.

But, beneath all that, the expansion in the field of artificial intelligence continues. Broadcom has just announced massive growth.

Currently, some AI-related stocks like Broadcom look more interesting, but I want to be patient given the September impact we talked about.