🎁 Broadcom earnings are coming soon! Can this chip giant—the 'second major AI play beyond NVIDIA'—withstand the pressure and deliver an upside surprise? Make your guess to win great prizes!

Hello, fellow investors

This week, the tech world’s attention is focused on the bustling COMPUTEX Taipei.$NVIDIA (NVDA.US)$CEO Jensen Huang’s major keynote on the Rubin platform and AI PC chip 'RTX Spark' continues to reverberate across the industry.

Meanwhile, on another front, the semiconductor giant—widely seen as 'the second main storyline after NVIDIA'—$Broadcom (AVGO.US)$is also about to reach its own pivotal moment!

After U.S. market hours on Wednesday (June 3), Broadcom will report its Q2 fiscal 2026 results. Analysts expect revenue of $22.112 billion, up 47.38% year-over-year, and earnings per share of $1.725, a 67.49% annual increase.

Ahead of the earnings release, Broadcom’s stock has already shown significant volatility.As of the May 29 close, Broadcom shares traded at $446.77, up over 7% in the past week and briefly hitting an all-time intraday high of $448.90.Since May, Citi has raised its price target to $500 and reaffirmed Broadcom as its top pick in the semiconductor sector for 2026, while firms like Susquehanna and Aletheia Capital have also substantially increased their price targets.

This wave of optimism, coupled with sky-high expectations for earnings, makes the upcoming results especially critical.

At the same time, market divergence has been amplified at this crucial juncture. On the surface, Broadcom appears perfectly positioned at the golden inflection point of the AI inference transition,It holds a 60%–70% share of the custom AI ASIC design market, and inference is overtaking training as the primary driver of compute spending. ASICs offer roughly 75% lower inference costs than GPUs, making them inherently more attractive.A recent forward-looking report from Oppenheimer also explicitly stated:Broadcom’s AI business will continue to drive earnings above expectations, with gross margins reaching approximately 78%.

However, there are also concerns that$Taiwan Semiconductor (TSM.US)$capacity constraints will become the biggest long-term bottleneck to growth.

Moreover, two recent key orders have encountered setbacks:Anthropic shifted its order from full-rack configurations to an ASIC-only arrangement, which UBS Group estimates reduces early revenue contribution to roughly 25% of initial expectations; OpenAI’s previously announced $18 billion custom chip deal has stalled due to$Microsoft (MSFT.US)$its unwillingness to commit to purchasing approximately 40% of available capacity, causing a financing impasse. Whether this earnings report can alleviate these concerns is drawing significant attention.

Turning back to the earnings themselves, the market is already focused on several key checkpoints.

> Can AI semiconductor revenue meet or exceed management’s prior guidance of $10.7 billion?
> Is there further expansion ahead for custom ASIC customer order tapeouts?
> Can AI networking become a new profit engine?

After all, management has openly stated they see a path for AI chip revenue to 'significantly exceed $100 billion' by 2027, with over $73 billion in AI-related order backlog providing strong confidence. However, as AI inference spending has already surpassed training spending, the market may now care less about 'whether things will improve' and more aboutwhether Broadcom can further raise its full-year guidance amid tight supply chain conditions. If the answer is yes, it won’t just be another beat-and-raise quarter—it would validate an ongoing re-rating of Broadcom as an AI infrastructure platform.

One earnings report draws a clear dividing line.Will it be sustained acceleration in AI networking, further increases in custom ASIC shipments, or yet another upward revision in forward guidance that pushes the stock price toward new highs? Or will near-term headwinds—such as deferred revenue from Anthropic’s revised order structure and Taiwan Semiconductor’s capacity constraints—trigger increased market skepticism and prompt a more cautious stance post-earnings?

Vote now and share your view! Fellow investors with correct predictions will split 10,000 points!

Share your thoughts in the comments section—comments with at least 30 words and solid reasoning will earn you 66 points!

💡 Are you currently holding cash and waiting, or holding shares and waiting?
💡 What is Broadcom’s biggest challenge in solidifying its position as the 'second major AI pillar'?

Note: The event ends at 4:00 AM Beijing time on June 4. Rewards are stackable. Winners will be announced and rewards distributed after this earnings season concludes.

Broadcom earnings are about to be released—how can you easily position yourself? 'Earnings Flash' AI cuts through the noise; build your options strategy in three steps >>

Ask Futubull AI: Under high valuation pressure, what kind of earnings does Broadcom need to deliver to support its current stock price?

534K Views