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Broadcom's ($AVGO) Q3 earnings show AI semiconductor revenue hit $16.7B, up 221% YoY, now 80% of its Semiconductor Solutions segment.
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$DELL booked $60.9B in AI server orders this quarter, but only $16.4B became recognized revenue.
The gap adds to Dell's $95B AI server backlog, now up from $51.3B last quarter.
Why the delay? Dell cited AI chip and memory shortages as production constraints.
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Dell's ($DELL) AI server backlog just hit $95B, up from $51.3B last quarter.
Orders are arriving faster than Dell can ship them. But backlog isn't revenue yet, component shortages could slow the pace.
Read the full earnings recap. 👉
Broadcom's ($AVGO) AI chip revenue is guided to hit $16.0B this quarter, up from $10.8B last quarter.
Custom silicon for Google & Meta is now doing the heavy lifting, not just GPUs.
Read the full earnings preview. 👉
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