Broadcom infrastructure software revenue rises 29% to $8.8B in $29.6B quarter
Broadcom reported fiscal Q3 revenue of $29.6B, up 86%, with its VMware-led infrastructure software segment at $8.8B, up 29%, and guided Q4 revenue to about $34.8B.
Broadcom reported fiscal Q3 revenue of $29.6B, up 86%, with its VMware-led infrastructure software segment at $8.8B, up 29%, and guided Q4 revenue to about $34.8B. (SEC 8-K Exhibit 99.1; SDxCentral)
Semiconductor revenue was $20.8B, including $16.7B of AI semiconductor revenue. SDxCentral reports CEO Hock Tan said software ARR was growing 15% and expects software revenue of about $8.7B next quarter. Quarterly dividend is $0.65 per share. (SEC 8-K Exhibit 99.1; SDxCentral)