Keyword → VMware infrastructure software

Broadcom AVGO Q2 FY2026 AI Revenue Hits Record $10.8B, Up 143% YoY — Q3 Guide of $29.4B Beats Street but Software Miss Sends Stock Down 3% After Hours

Broadcom reported fiscal Q2 2026 AI semiconductor revenue of $10.8 billion, up 143% year-over-year, driving record total revenue of $22.2 billion — up 48% — with non-GAAP EPS of $2.44 beating the $2.32 consensus. Q3 guidance of $29.4 billion, implying 84% year-over-year growth, topped the $28.5 billion Street estimate. Yet shares fell roughly 3% after hours as investors flagged a shortfall in the infrastructure software segment and questioned whether the $30 billion-plus AI bookings backlog is already priced in.