Broadcom earnings may support chip stocks
Broadcom earnings could signal strong chip demand as AI chip sales fuel growth Watch the report for revenue guidance, AI momentum, and a possible stock move
Broadcom is set to report earnings after the close, and investors are watching for signs that demand in the chip sector remains strong.
Analysts say the company’s custom AI chip business, including work tied to hyperscalers and deals with Anthropic and OpenAI, could point to broader strength across semiconductor stocks. Wall Street expects Broadcom to report secondquarter earnings per share of $2.40 on revenue of $22.13 billion, according to FactSet.
The stock has already had a strong year, rising about 40% in 2026, and options pricing suggests the shares could move sharply after the results. Some analysts said the company may be able to top expectations if it issues a stronger revenue outlook, while others warned that AIrelated stocks could remain volatile amid supply constraints.