Full-Time
Semiconductor and infrastructure software provider
$19.42 - $27.26/hr
Breinigsville, PA, USA
In Person
Associate's
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Broadcom is a global technology company that designs, develops, and sells semiconductor devices and infrastructure software. Its semiconductor products power networking, data centers, broadband, wireless communications, and storage, while its software offerings include tools for managing and optimizing large-scale IT environments. Broadcom’s DX Unified Infrastructure Management product provides observability across traditional, public cloud, and hybrid infrastructure to help ensure performance and reliability. The company differentiates itself through a broad, integrated portfolio that combines high-performance hardware with complementary software solutions, enabling customers to build and operate complex technology stacks. Its goal is to help customers deploy efficient, reliable, and scalable technology infrastructure that supports modern digital workloads across enterprises, data centers, and telecommunications networks.
Company Size
10,001+
Company Stage
IPO
Headquarters
Palo Alto, California
Founded
2005
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Health Insurance
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401(k) Retirement Plan
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Employee Stock Purchase Plan
Employee Assistance Program
Paid Vacation
Paid Sick Leave
Paid Holidays
Broadcom reported an 86% year-over-year revenue increase to $29.6 billion in its fiscal 2026 third quarter, driven by strong demand for AI chips and networking components. The company's AI chip revenue surged 221% to $16.7 billion. Despite these results, Broadcom's stock has underperformed the semiconductor sector, remaining flat over the past year whilst the PHLX Semiconductor Sector index gained 97%. Wall Street expected slightly higher fourth-quarter revenue guidance than the $34.8 billion Broadcom projected. The company anticipates AI revenue will reach $57.6 billion in fiscal 2026, up 186% from the previous year. Management projects this will double to $115 billion in fiscal 2027 and reach $230 billion by fiscal 2028. Broadcom currently trades at 20 times forward earnings. Analysts expect the company's earnings per share to grow from $11.64 in fiscal 2026 to over $30 by fiscal 2028.
Broadcom and Micron Technology are both capitalising on AI-driven demand, but offer different investment profiles. Broadcom provides diverse semiconductor and software solutions, whilst Micron specialises in memory and storage technologies. Broadcom reported fiscal 2025 revenue of $63.9 billion, up 23.9% year-over-year, with net income of $23.1 billion. The company has secured major agreements including a $200 billion memorandum of understanding with Samsung and a $30 billion chip commitment from Apple. Micron achieved fiscal 2025 revenue of $37.4 billion, a 48.9% increase, with net income of $8.5 billion. The memory specialist focuses heavily on data centres, which account for approximately 50% of total revenue. Both companies face customer concentration risks. Broadcom's top five customers represent around 40% of net revenue, whilst Micron derives over half its revenue from its top ten clients. Analysts favour Broadcom for its diversified portfolio and custom AI accelerator business, despite Micron's lower valuation metrics.
Broadcom is emerging as Nvidia's primary competitor in AI computing through custom chip development, according to market analysis. The company partners with major tech firms including Alphabet, Meta Platforms, OpenAI, and Anthropic to design specialised AI hardware optimised for specific workloads. Broadcom's AI semiconductor revenue reached $16.7 billion in its fiscal third quarter ended 2 August, surging 221% year over year. The company projects this revenue will double to $115 billion in 2027 and reach $230 billion by 2028. By contrast, AMD's data centre division generated $6.7 billion with 107% growth, whilst Nvidia's grew 117% to $89 billion. Custom AI chips offer cost advantages over general-purpose GPUs for dedicated workloads, positioning Broadcom to capture significant market share as hyperscalers optimise their computing infrastructure.
Advanced Micro Devices and Broadcom shares have been volatile recently, despite both companies reporting quarterly sales and earnings that exceeded analysts' estimates. The market volatility stems from investors struggling to grasp the scale and long-term potential of the current artificial intelligence infrastructure boom. AMD's second-quarter 2026 data centre revenue rose 107% to $6.7 billion, driving total sales up 50% to $11.5 billion. Non-GAAP earnings increased 245% to $1.66 per share. Despite these results, shares fell post-earnings. CEO Lisa Su highlighted a significant shift in data centre architecture. The ratio of GPUs to CPUs in servers is moving from 4:1 or 8:1 towards 1:1 as AI agents require more CPU processing power. AMD management estimates this creates a $220 billion total addressable market by 2030.
Broadcom reported record-breaking third quarter fiscal year 2026 results, with consolidated revenue reaching $29.6 billion, up 86% year-on-year. The company's AI semiconductor revenue drove the exceptional performance, growing 221% year-on-year and 54% sequentially to $16.7 billion. Operating income increased 92% year-on-year, with operating margin hitting a record 68% of revenue. Chief executive officer Hock Tan attributed the strong results to accelerating demand from the company's six XPU customers adopting custom accelerators. Free cash flow also exceeded previous records. Tan described third quarter demand as "simply hot" and indicated the company is "just getting started" with its AI semiconductor business.