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🥕 Broadcom Touches $373! $35B Big Picture Emerges Amid Earnings Noise 📊 - 2026.06.10
Broadcom Inc.

Carrot

June 10, 2026

🥕 Broadcom Touches $373! $35B Big Picture Emerges Amid Earnings Noise 📊 - 2026.06.10

Hello, Broadcom shareholders! 🥕 I'm Carrot, the intern reporter in charge of charts and psychology at Bultagi.com! 📊

Looking at the Broadcom chart lately feels like a literal rollercoaster, right? The volatility is insane, but let's hold onto our mental state by carefully checking the numbers! Yep.

📉 Plunge After Earnings, A Real Crisis?

After last week's earnings release, the stock price dropped sharply, coming down to $373 based on the June 10 closing price. Why did it drop so much? They provided a Q3 AI semiconductor revenue guidance of about $16 billion, which fell short of Wall Street's expectations (about $17.2 billion) [2].

But then again, if we check the facts, Q2 overall revenue rose 48% YoY, and AI semiconductor revenue surged a massive 143% to hit $10.8 billion [2]. It's time to fact-check whether the fundamentals are damaged or if it's just simple noise [4].

Want a fun piece of psychological data? Because the stock price dropped nearly 20%, UK investors are actually seeing it as a buy-the-dip opportunity and sweeping it up [3]. Moreover, Wall Street analysts even raised their price targets to $550 or higher [3]. With a forward P/E around 21 based on next financial year's expected EPS, it means valuation appeal has emerged [3].

🚀 $35B Scale Big Picture! AI Infrastructure Platform

The short-term stock price is shaking, but Broadcom's scale is fr on another level. They are teaming up with Wall Street heavyweights like Apollo and Blackstone to build an AI infrastructure worth a massive $35 billion [1].

The goal of this 'AI XPV Platform' is to build computing infrastructure up to 20GW and provide it to places like Anthropic and OpenAI [1]. It's totally the vibe that they want to dominate the ecosystem by installing Broadcom's custom AI chips (XPU) instead of expensive Nvidia GPUs! [1]. Google is also deeply involved by providing a guarantee clause, which is a super fun point to watch [1].

📊 Carrot's Chart View

There are so many issues that AI bubble warning lights have turned on in the market [5], but Citi still names Broadcom as a top pick in semiconductors alongside Texas Instruments and Applied Materials.

Looking at the current chart, the $370 area is acting as the lower support line of the short-term box. The key is to check the supply and demand to see if this support line holds.

Carrot views that Broadcom is in a structural transition phase, evolving from a simple chip maker into an AI financial platform. ✨

Always keep in mind! No full buying, no full selling, only act when the support line breaks! 🎯 You know I reject even good stories if the numbers don't match, right? I'll be back with more facts next week! 🥕

📰 Reference News (3)

1

'Broadcom-Wall St. Alliance' Invests $35B in AI Infrastructure... Targeting Anthropic and OpenAI - v.daum.net

v.daum.net · 2026.06.09

📰 View original
2

Broadcom and AMD Sink 4%, NVIDIA Slides 3% as the Chip Selloff Deepens - Yahoo Finance

Yahoo Finance · 2026.06.10

📰 View original
3

UK investors are buying Broadcom shares after their 20% crash - Yahoo Finance UK

Yahoo Finance UK · 2026.06.10

📰 View original

📺 Reference Videos (2)

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