They have gained about 6% this year, significantly underperforming rivals and the broader semiconductor index, as AI spending concerns and increased competition persist, including Marvell's recent custom chip deal with Google.

Broadcom's Q3 FY26 revenue hits $29.4 billion with AI semiconductor revenue above $16 billion, marking over 200% year-over-year growth in its AI

Sept 2 : Broadcom on Wednesday forecast strong AI chip sales for the next two years, offering fresh evidence that Big Tech's appetite for AI infrastructure remains undiminished as…