---
title: "Broadcom says AI chip demand drove a strong quarter, expects more growth"
url: https://www.parallelquant.com/posts/broadcom-says-ai-chip-demand-drove-a-strong-quarter-expects-more-growth-a924c8
source_name: "Data Center Dynamics"
source_url: https://www.datacenterdynamics.com/en/news/broadcom-slams-ai-silicon-fueled-q3-promises-double-double-on-the-way/
published: 2026-09-04T14:52:12.000Z
topics: ["chips"]
publisher: "Parallel Quant"
---

# Broadcom says AI chip demand drove a strong quarter, expects more growth

*2026-09-04 · Source: [Data Center Dynamics](https://www.datacenterdynamics.com/en/news/broadcom-slams-ai-silicon-fueled-q3-promises-double-double-on-the-way/)*

Broadcom reported a strong third quarter driven by AI silicon demand, including its custom AI accelerator business, and said it expects that growth to keep 'double-doubling.' Its VMware software unit continued to perform steadily alongside the chip business.

**Why it matters:** Broadcom is one of the few companies besides Nvidia building custom AI accelerators for major cloud customers like Google, so its results serve as a proxy for demand outside Nvidia's GPU ecosystem. Continued strong growth here supports the view that hyperscalers are actively diversifying their AI chip supply rather than relying solely on Nvidia.

**Topics:** chips

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Read the original: https://www.datacenterdynamics.com/en/news/broadcom-slams-ai-silicon-fueled-q3-promises-double-double-on-the-way/
Canonical: https://www.parallelquant.com/posts/broadcom-says-ai-chip-demand-drove-a-strong-quarter-expects-more-growth-a924c8
Published by Parallel Quant — https://www.parallelquant.com