Core Viewpoint - Broadcom reported record revenue for Q3, with a year-over-year increase of 22%, and provided a strong Q4 revenue guidance of nearly 24% growth, driven by AI chip sales expected to accelerate to $6.2 billion, exceeding analyst expectations by over 6% [1][16] Financial Performance - Q3 revenue reached $15.95 billion, surpassing analyst expectations of $15.84 billion, and showing a year-over-year growth from 20% in the previous quarter [8][14] - Non-GAAP net profit for Q3 was $8.404 billion, a 37.3% increase year-over-year, while EBITDA was $10.702 billion, reflecting a 30.1% growth [9] - Adjusted EPS for Q3 was $1.69, up 36.3% year-over-year, exceeding analyst expectations of $1.66 [9][15] Business Segments - Semiconductor solutions, including ASICs, generated $9.166 billion in revenue, a 26% increase year-over-year, accounting for 57% of total revenue [9][18] - Infrastructure software revenue, including VMware, was $6.786 billion, growing 17% year-over-year, representing 43% of total revenue [10][21] AI Chip Business - AI semiconductor revenue for Q3 grew 63% year-over-year to $5.2 billion, surpassing analyst expectations [15] - Q4 AI semiconductor revenue is projected to reach $6.2 billion, indicating a 19% quarter-over-quarter increase [16] Future Outlook - Broadcom's CEO indicated a significant improvement in AI revenue prospects for FY2026, with strong shipment expectations starting from that year [4][20] - The company anticipates that its custom chip business could generate $25 billion to $30 billion in revenue by 2026, potentially exceeding $40 billion by 2027 [18]