# Broadcom AI Growth Meets Margin Expectations

> Broadcom's Q3 AI semiconductor revenue hits $16.7B, up 221% YoY, with strong margin guidance for Q4.
- Title: Broadcom AI Growth Meets Margin Expectations | Shortify
- Summary: Broadcom's Q3 AI semiconductor revenue hits $16.7B, up 221% YoY, with strong margin guidance for Q4. Broadcom reported $29.6B Q3 revenue, 86% YoY growth…
- Keywords: broadcom, ai semiconductor, infrastructure software, q3 fiscal 2026, non-gaap operating income, vmware integration, Growth, Meets, Margin, Expectations, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/broadcom-avgo-ai-infrastructure-growth-meets-integration-and-margin-expectations
- Author: Newsdesk
- Published: 2026-10-05T19:33:12+00:00
- Read time: 1 min
- Topics: broadcom, ai semiconductor, infrastructure software, q3 fiscal 2026, non-gaap operating income, vmware integration
## Q3 Fiscal 2026 Results
Broadcom reported $29.6 billion revenue for Q3 fiscal 2026, up 86% year over year.
## AI Semiconductor Growth
AI semiconductor revenue reached $16.7 billion, up 221% year over year, with Q4 guidance at $21.7 billion.
## Infrastructure Software
Infrastructure software revenue totaled $8.8 billion, up 29% year over year, supporting VMware integration.
## Operating Margins
Non-GAAP operating income of $20.1 billion represented 68% of Q3 revenue, with Q4 guidance at 66% of projected revenue.
## Free Cash Flow
Q3 free cash flow was $13.7 billion, or 46% of revenue, with $24.0 billion in cash and cash equivalents.
## Investor Watch Points
Investors should monitor AI semiconductor growth, margin quality, VMware integration, and balance-sheet discipline.
## Key takeaway

Broadcom reported $29.6B Q3 revenue, 86% YoY growth, with AI semiconductor revenue at $16.7B and infrastructure software at $8.8B.