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In the third quarter of fiscal year 2026, Broadcom achieved a remarkable revenue figure of $29.591 billion, representing a substantial 86% surge compared to the same period last year. This performance surpassed the market's anticipated revenue of $29.362 billion. Additionally, the company's adjusted earnings per share (EPS) reached $3.32, indicating a robust 96% year-on-year growth. Broadcom has also revised its revenue forecast for its AI business in fiscal year 2026 upwards, projecting a staggering $58 billion, which equates to an impressive 186% increase from the previous year. Moreover, the company proudly announced that it has initiated the mass production and delivery of its next-generation TPU 8I version products to Google during this quarter.
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