AVGO — All updates

So, who is behind all of these chips? Well, it's Broadcom, ticker symbol AVGO. Broadcom stock has seen its stock surge in recent years up 637% over the past 5 years, and it's now the eighth most valuable company in the world with a market cap of $1.75 trillion.

They just reported earnings and business is booming. Revenue is up 86% year over year, earnings per share is up 96% year over year, AI semiconductor revenue is up 221% year over year.

They hit record free cash flow and they raised their guidance.

there are estimates from companies like Broadcom that predict demand will double, and then double again.

Perhaps this is why the market values​​shares of a company like Broadcom at a discount . Broadcom has just announced its earnings, and there are some concerns about the sustainability of this growth.

Let's take a look at Broadcom's one-day chart, after the company released its earnings report late yesterday. It has now fallen by more than 6 percent. It seems to be dragging down the larger chip sector as well.

There seems to be some disappointment at work in what is said in their earnings report. What was there was not enough. And it probably exacerbated the concerns that Wall Street already had about Broadcom.

First one here is going to be Broadcom and the ticker on this one is AVGO and it was 2.41% lower in the pre-market on Thursday as it reported better than expected financial results for the third quarter of fiscal 2026 but issued weak guidance for the fourth quarter.

let's start talking about some of these earnings and we're going to start with Broadcom. I know this is the one that everybody uh is probably watching the most. First of all, if we take a look at the chart, kind of looks like a precarious position to be quite honest with you.

We were already in bear market territory for AVGO stock before this report. The concern is that valuations for the stock are still high, but let's look at some of the numbers. Annual revenue growth of 86% to just over $29.5 billion.

The semiconductor solutions sector grew by 127% year-on-year. Infrastructure software rose 29% year-on-year to reach 8.75 billion. Then I looked at the semiconductor revenues allocated to artificial intelligence.

This is a major area of ​​growth for them. It jumped 221% year-on-year to reach $16.7 billion for this quarter. They also raised their guidelines for the future.

Broadcom, a chip company, has a market cap of $1.74 trillion.

Now, AMD and Broadcom's profits will peak in 2028 or 2029. These companies are in the early stages compared to other companies. These are the companies that have already started making a lot of money, right?

And so their profits will also reach their highest level quickly. AMD, Broadcom, these will peak in 2028 or 2029, and then, you know, that's why I think these stocks, I think, have all peaked or will peak in the next six months, right?

And for these companies, I think their stock prices will probably peak in '27 or, if very high, in '28, because their stock prices peak long before profits peak.

Snowflake and Broadcom have just released their earnings , and we will be comparing some of these figures with various opportunities in the hardware and software sectors.

Let's take a quick look at what happened with Broadcom's earnings, where the company's stock fell by 3% after it once again missed its revenue forecast for the next quarter. This happened last time due to dedicated chip deliveries , and the stock then fell by 20%, and it is now down another 3% after trading hours. That's not a good thing. What's going on?

Welcome to the Broadcom Inc. third quarter 2026 results conference call. Broadcom distributed a press release and financial statements after the market closed detailing our financial performance for the third quarter of fiscal year 2026.

We have had an exceptional quarter, with revenue, operating income and free cash flow all exceeding previous records. The driving force behind this was our AI semiconductor revenue in the third quarter, which grew by 221%.

On an annual basis and with a 54% increase on a quarterly basis.

We have "Broadcom" on the list.

So now it is clear that all eyes will be on Broadcom. They will announce their results at approximately 4:15.

Let's take note of some of these numbers while we wait for Broadcom's results.

We are still waiting for Broadcom. The results are clearly expected within six minutes.

as well as AVGO, and they were moving in opposite directions.

Okay folks, finally we have some earnings results after the closing bell. We see AVGO stock now turning negative at $652.60, testing the lowest range here since August 26 if this sell-off continues.

Guys, look at this level. Look how good the level is. When I draw my Fibonacci correction tools, I drag them upwards. Look at this level. $333.84 at the 78.6 Fibonacci retracement level.

This also happens to be at the level of bridging the gap from April 7th. Guys, if we don't get a bounce here, I'll be very surprised, especially if we sell right at this level after trading hours.

Yes, me and Sam, this is something I wanted to come to you about, but the Broadcom news is coming. So, let's look at those numbers, Sam, I'll get back to you right away.

Broadcom's third- quarter EPS was 3.32. It was estimated to be 3.23. So, we made about 10 cents more there. Our income is 29.59 billion. This is slightly better than the expected 29.45.

So, we have exceeded expectations in terms of revenue.

We are now looking at Broadcom, which has fallen by about half a percent. Broadcom, as you know, we were always talking about the Magnificent Seven. She was more like an eighth honorary member.

I say that Broadcom will achieve good results. I mean, you're looking at a figure where revenues will grow by more than 80% this quarter compared to last year. I expect the strength to continue here as we enter the October quarter, and I think expectations have risen somewhat for Broadcom.

What do you expect from Broadcom today? I mean, significant growth is expected, but what are the numbers you're waiting for that will be enough to push stocks higher? You know, I think that's what I expect, and after the market closes we'll get a clearer picture of what's going to happen.

But even if they achieve record numbers, you are competing against Nvidia, whose numbers have been amazing by all standards. Therefore, it will be very difficult to surpass that.

I think this will put a lot of pressure on the stock, as their numbers will have to be phenomenal to push the stock up. From a technical perspective, the stock looks heavy. It looks as if something is weighing him down. Therefore, I am cautiously optimistic.

Broadcom and Taiwan Semiconductor Manufacturing Company are seeing sales and profits boom as a result of the increasing demand for artificial intelligence. But which one of these two semiconductor companies is the better stock to buy right now?

Broadcom too experienced a significant increase in its sales to $75 billion. That's up from around $38 billion in 20 23. Of course, that also includes the impacts of the VMware acquisition. looking back longer term, these companies have seen their sales proliferate since 2017 where Broadcom generated roughly $10 billion in sales at that point, those sales have increased by more than 7x.

I think isn't that when Broadcom earnings are as well? I mean, that's going to be one heck of a catty rich day, huh? So that's going to be Broadcom. Wait, no. Broadcom is Wednesday after the close.

And often what they do is they end up doing a PM event. We'll see. There's still no time frame on that.

And the first stock is a stock I've held in my portfolio for a few years now, and it's been a massive winner, and that's Broadcom. If we jump over to the political tab, one of the things we can see is there was some massive buying of Broadcom in Q2 of 2024 and Q2 of 2025.

And while that buying has certainly slowed down, we can see over the last couple of quarters, there's been significantly more buying than selling.

And that leads us to Broadcom this week. Well, I expect them to beat. I expect the guy to be phenomenal, but I don't know how price action is going to follow based on what we saw in Nvidia based on where Broadcom symbol AVGO is trading right now.

It's right at its 200 day moving average, that barometer of health for us technicians. And let's see if it can do well and then trade higher. There's a lot of resistance above, meaning there's pockets of the 50-day moving average starting to turn over 390, that level.

The old high iss 425. So if broadcom rallies I think it will be met with more resistance than you know more headwinds than a tailwind and that has me a little concerned.

Next up into AVGO. Now, AVGO yesterday with the lift up on Nvidia's charts, AVGO had some promising development on its charts as you see here with this green candle, we actually closed back within this longer range inclining parallel channel that's been containing price since back in December of 2024.

That is the that is what pe and that's why you have gigantic chip companies like Broadcom for example in deep draw downs off of a tie. Both of those companies have just been reporting some of the greatest news and contracts and earnings any of us will ever see, but that was already priced in six months prior.