Broadcom's own earnings-call commentary tonight: laser supply can't keep up with demand even as the company triples capacity, and FY28 revenue guidance (~$230B) came in well above the Street's ~$180B model. Direct read on how tight the optical-buildout capacity picture actually is, from the company selling into it.
$AVGO CEO: "Demand for lasers, whether it is EML lasers, CW lasers. Is far surpassing supply out there in the industry" Pretty material coming from one of the largest laser suppliers in the world... Even while they 3x laser capacity. Exciting validation for laser companies.
Serenity · (@aleabitoreddit) · 2026-09-02
There we go, $AVGO earnings call to clarify miss. Broadcom expects:
FY27E: ~$115B (+100% growth)
FY28E: ~$230B (+100%), think analysts were modeling ~$180B.Demand actually exceeds this outlook, and Broadcom will work to improve supply. This is way above street estimates, similar to $NVDA earnings.
"very much on target to exceed $30 in earnings per share in fiscal 2028." ~12.2x forward p/e (of $367/share)
Also just a brownie quote: "AI networking revenue is expected to grow just as fast as XPUs over the next few years."
Way more bullish forward guidance relative to next soft quarter revenue projections, think the few percent AH selloff was an overreaction.
Just my initial thoughts.
Broadcom's own earnings-call commentary tonight: laser supply can't keep up with demand even as the company triples capacity, and FY28 revenue guidance (~$230B) came in well above the Street's ~$180B model. Direct read on how tight the optical-buildout capacity picture actually is, from the company selling into it.
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