Q3: 2025-09-04 Earnings Abstract
EPS of $1.69 beats by $0.03
| Income of $15.95B (22.03% Y/Y) beats by $129.30M
Broadcom Inc. (NASDAQ:AVGO) Goldman Sachs Communacopia + Expertise Convention 2025 September 9, 2025 5:25 PM EDT
Firm Individuals
Hock Tan – President, CEO & Govt Director
Convention Name Individuals
James Schneider – Goldman Sachs Group, Inc., Analysis Division
Presentation
James Schneider
Senior Analysis Analyst
Okay. Good afternoon, everyone. Welcome to the Goldman Sachs Communacopia and Expertise Convention. I am Jim Schneider, the Semiconductor analyst right here at Goldman Sachs. It is my actual distinct pleasure to welcome Broadcom and CEO, Hock Tan, on the stage at present. Welcome, Hock.
Hock Tan
President, CEO & Govt Director
Thanks.
Query-and-Reply Session
James Schneider
Goldman Sachs Group, Inc., Analysis Division
Thanks for being right here. I believe it is honest to say that your small business portfolio has actually developed radically over the previous a number of years. Firm is way larger at present, partly as a result of the software program enterprise is way larger resulting from VMware, but in addition actually simply the Semiconductor enterprise is a lot larger now resulting from AI. When you simply type of step again and take into consideration the highest 2 or 3 priorities for Broadcom over the following few years, what are they? After which if we sit down right here once more in 5 years, what do you assume goes to be the one factor that surprises buyers essentially the most?
Hock Tan
President, CEO & Govt Director
Properly, I am undecided what’s going to shock you guys essentially the most, however I will reply that first half. Proper now, entrance and middle for us as we see it, is that this enormous alternative in AI, in AI compute to be exact. I imply, we’re seeing very, very fascinating, very, very sturdy demand for AI compute. And we’re driving the enterprise mannequin. We’re driving assets of this firm to addressing the precise wants from, to be trustworthy, a really slender group of consumers.
