博通公司：第四季度前瞻-业绩稳健，强劲势头推动 2026 年 AI 收入上行

Our view on key metrics and our estimates: We expect sustained AI strength in 4Q, with 1Q guidance above the Street given robust spending at key customers - and we expect updated FY26 AI revenue guidance above 100% YoY. We forecast FY26/27 AI revenue of $45.4 bn/$77.3 bn (+128%/+70% YoY respectively). Items on the call that could move the stock: (1) Updated AI guidance for FY26 - Given positive datapoints from key XPU customer Google and strong results from Nvidia, we believe investors expect an update to A ...