Record Revenue and Growth: Broadcom reported a record total revenue of $16 billion for Q3 2025, reflecting a 22% year-on-year growth. The adjusted EBITDA also hit a record of $10.7 billion, up 30% year-on-year, with the strong performance driven by robust demand in AI semiconductors and continued growth in VMware.

AI Semiconductor Demand: AI semiconductor revenue surged to $5.2 billion, up 63% year-on-year, accounting for 65% of the company's total AI revenue. The guidance for Q4 forecasts AI semiconductor revenue to grow to approximately $6.2 billion, an increase of 66% year-on-year, signaling continued robust demand for AI-related products.

Challenges in Non-AI Semiconductors: The non-AI semiconductor segment is showing slow recovery, with Q3 revenue flat at $4 billion sequentially. Management expects low double-digit sequential growth to approximately $4.6 billion in Q4, but overall, this segment still faces challenges, indicating it is not following the same positive trend as AI semiconductors.