Broadcom share climbs a new record high: sales and profit increased – cooperation with Openai?

Broadcom generated a result per share of $ 1.69 in the reporting period. This was significantly better than in the same period last year, when an EPS of $ 1.24 was recorded in the books. Analysts had expected in advance that the profit would climb to $ 1.66 per share in the reporting period.

The quarterly turnover from Broadcom also amounted to $ 15.95 billion in the second annual quarter, after $ 13.07 billion in the same period in the previous year. In their forecasts, the analysts had assumed $ 15.83 billion.

Sales thrust thanks to AI solutions

The Apple and Google chip supplier Broadcom has significantly increased sales and profits in the past third business quarter and exceeded the expectations of the analysts. For the last quarter of the year, the company assumes clearer growth than the market experts had previously accepted. Broadcom benefits from solutions to artificial intelligence (AI).

In the third quarter (August 3), sales rose to $ 5.2 billion in the third quarter, as Broadcom announced in San Jose on Thursday. In the final quarter, $ 6.2 billion should attract. Analysts had expected less here.

In total, Broadcom achieved a sales increase of 22 percent to $ 15.95 billion in the quarter (around 13.7 billion euros) and thus according to the company. In the last three months of the financial year, the proceeds are said to increase by almost a quarter to $ 17.4 billion and are therefore also more expected than analysts.

In the quarter, the adjusted result before interest, taxes and depreciation (EBITDA) gave it from $ 8.7 to $ 10.7 billion and was also better than expected from analysts. The bottom line is Broadcom adjusted $ 8.4 billion, after $ 6.1 billion in the previous year. In the eyes of many investors such as Nvidia, the company is one of the great profiteers of expanding AI data centers.

Circles: Broadcom wins Openai as a customer for AI accelerator

The Chatgpt developer company Openai apparently wants to make itself less dependent on the powerful AI chips from Nvidia with the help of Broadcom. The chip manufacturer Broadcom, together with Openai, wants to develop and produce a so-called AI accelerator, the Bloomberg news agency, citing the matter, wrote. The “Financial Times” had previously reported on the plans. Hardware products in this series will then be delivered from 2026. It is about many billions of US dollars.

If Broadcom and Openai succeed in developing an AI accelerator (AI Accelerator), they would advance into a lucrative area of ​​business with artificial intelligence dominated by Nvidia. The high-performance chips from NVIDIA are currently the backbone of pretty much all AI data centers, because accelerators are indispensable for the development of AI at large technology companies such as Meta and Microsoft.

Broadcom boss Hock Tan said at the analyst conference on the occasion of the quarterly figures published on Thursday evening that the group won a new customer for its business with customer-specific accelerators. The company received orders worth more than ten billion US dollars from the new customer. He did not give any names, according to Bloomberg information, these are Openai,

Broadcom has already announced the fourth customer in this area and that was even faster than expected, analyst Blayne Curtis from the Jefferies investment house wrote in a first reaction. The group should therefore grow even faster in 2026 than in 2025 and 2027. In addition, the orders worth ten billion dollars are only the beginning.

This is how the Broadcom share reacts

Broadcom’s success with offers for artificial intelligence (AI) are well received in the technology industry on Friday. Driven by the quarterly report and a large order, the titles of the Chipriesen reached a record high with around $ 356 and that was easy for the top position in Nasdaq 100. In Nasdaq trading, Broadcom share ultimately 9.41 percent at $ 334.89. The group has now risen to the seven largest tech values ​​in the United States and has overtaken the electric car maker Tesla in the ranking.

In Broadcom’s keel water, Micron Technology and the titles of the industry supplier ASML NV listed in New York were 2.7 and 2.5 percent high. Chip stocks were also in demand in Europe. Above all, the titles of Stmicroelectronics attracted more than Infineon to a recommendation from the investment bank Exane BNP.

In contrast, the stocks of the US industry colleagues Nvidia and AMD lost 3.5 and 6.5 percent. Apparently they suffered from the fact that Broadcom’s success could cost them market shares.

In addition to sales, the Apple and Google chip supplier Broadcom also significantly increased profit in the third business district and exceeded the expectations of the analysts. For the final quarter, the company assumes clearer growth than the market experts had previously accepted. In addition, Broadcom, according to the Chatgpt developer company Openai, wants to develop and produce a so-called AI accelerator.

The results of the business quarter ended in July were better than expected, wrote Harlan Sur of JPMorgan. The outlook of sales by October is solid – driven by AI demand, a general stabilization in other semiconductors and a solid dynamic in the daughter VMware. Mark Lipacis from Evercore Isi was surprised by the sales of Broadcom in the AI ​​area.

Blayne Curtis from Jefferie emphasized that Broadcom won a fourth major customer in the business with ASIC chips that specialize in certain computing tasks. It is said that the customer is said to be Openai. Broadcom boss Hock Tan had only said in an analyst conference that the new customer would bring orders worth more than $ ten billion. However, he did not give a name.

With a view to European chip values, a dealer emphasized that Broadcom’s successes with AI chips and the partnership, which is probably closed with Openai, were positive for Infineon. Because the German chip manufacturer is the main supplier of performance haul ladders for Broadcom’s AI offers. The Börsian added that Infineon increased sales with AI performance chips this year by over 100 percent to 600 million euros.

The dealer sees a purchase opportunity in the recent price weakness of the Infineon share, even if impending tariffs are a negative aspect on semiconductor imports to the USA. At Infineon and Stmicroelectronics, sales in the United States each accounted for around 10 percent of the total sales volume.

Redaktion finanzen.net with material from dpa-afx