Recent Updates — AVGO
On October 26, 2026, Broadcom Inc. arranged for financial partners to assume portions of agreements to purchase custom AI accelerator racks and related customer leases. In connection with this arrangement, the Company provided a contingent liability backstop to a newly formed special purpose vehicle. The maximum potential undiscounted liability under this backstop is approximately $43 billion upon full deployment of the AI racks. Broadcom states the probability of triggering this obligation is low, supported by the customer's strong profitability trajectory and the sustaining value of the underlying assets. Remedies for lease default include assuming the lease or reselling the racks at a fixed price. Broadcom Inc. designs semiconductors and infrastructure software.
Broadcom Inc. reported third-quarter fiscal 2026 results with revenue of $29.6 billion, an 86% increase year-over-year, driven by a 221% surge in AI semiconductor revenue to $16.7 billion. GAAP diluted EPS reached $2.68, while Non-GAAP diluted EPS was $3.32. The company generated $14.2 billion in operating cash flow and announced fourth-quarter revenue guidance of approximately $34.8 billion. Additionally, the Board declared a quarterly cash dividend of $0.65 per share, payable on September 30, 2026 to shareholders of record as of September 21, 2026. Broadcom Inc. is a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions.
Broadcom Inc. and Apple Inc. have entered into new multi-year long-term agreements to expand their technology collaboration through 2031. Under the agreements, Broadcom will develop and supply a range of custom ASIC silicon products for use in multiple generations of Apple products. Broadcom Inc. is a semiconductor and infrastructure software company.
Broadcom Inc. issued press releases on June 17, 2026, announcing the pricing terms and the expiration, upsize, and results of previously announced cash tender offers for certain debt securities. Broadcom Inc. is a global technology company that designs and develops semiconductor and infrastructure software products.
On June 11, 2026, Broadcom Inc. announced the launch of cash tender offers for certain of its debt securities. Broadcom is a technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions.