Broadcom FY2026: the AI engine is accelerating, five strengths and five risks

$ cat guide.md

1. Q3 revenue reached $29.6 billion, AI semiconductor revenue climbed to $16.7 billion, and free cash flow hit $13.7 billion.
2. The risks named are AI concentration, margin guidance, debt, capital expenditure and working capital.
3. Q2, Q3 and Q4 guidance are charted side by side, which is what makes the change in mix legible.
4. Built from Broadcom's reported financial data. Nothing is projected.