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Broadcom’s $30 Billion AI Bookings Surge: Is Wall Street Still Underestimating This Giant?

Broadcom Inc. reported a strong second quarter fiscal year 2026 performance with total revenue reaching a record $22.2 billion, marking a 48% year-over-year increase and surpassing company guidance. This growth was heavily driven by the semiconductor segment, which generated $15 billion in revenue, up 79% year-over-year, primarily fueled by AI semiconductors that contributed $10.8 billion—a 143% increase year-over-year. AI semiconductor bookings notably exceeded $30 billion, more than double the shipments during the quarter, and the company anticipates AI semiconductor revenue to reach $16 billion in Q3, reflecting over 200% growth year-over-year, and to exceed $56 billion for the full year, up approximately 180% from fiscal 2025. Broadcom reiterated its target for AI semiconductor revenue to surpass $100 billion in fiscal 2027, supported by multi-gigawatt partnerships with major customers including Google, Anthropic, OpenAI, and Meta, among others. The Infrastructure Software segment contributed $7.