Broadcom’s Q3 fiscal 2026 AI semiconductor revenue guidance of $16 billion, issued after the June earnings report, anchors trader sentiment around strong sequential acceleration from the $10.8 billion Q2 result. Demand for custom AI accelerators and networking silicon from hyperscale customers continues to drive the forecast, with management highlighting expanding orders and more than 10 gigawatts of expected 2027 shipments. While the long-term $100 billion fiscal 2027 target was left unchanged—prompting a post-earnings stock reaction—the near-term outlook reflects sustained momentum in custom ASIC and AI networking solutions. Q3 results, due in early September, will test whether supply ramp and customer pull-through meet or exceed this elevated baseline amid competitive custom-chip activity.