Broadcom just posted the kind of quarter that makes other chipmakers sweat. The company reported fiscal Q2 2026 revenue of $22.2 billion, a 48% jump from the same period last year, with AI semiconductors doing most of the heavy lifting.

AI chip revenue alone hit $10.8 billion, up 143% year-over-year. To put that in perspective, Broadcom’s entire AI semiconductor business last quarter pulled in $8.4 billion. It grew by nearly $2.4 billion in a single quarter.

The numbers behind the record

Adjusted EBITDA came in at $15.2 billion, representing 69% of total revenue.

Free cash flow was $10.3 billion.