Broadcom's AI Outlook Misses, But A Bigger ETF Opportunity Is Emerging - Broadcom (NASDAQ:AVGO), VanEck S

Broadcom’s AI outlook misses the short-term consensus, yet a larger ETF opportunity is emerging as custom ASICs gain traction. The company posted second-quarter revenue of $22.19 billion and adjusted earnings of $2.44 per share, topping estimates of $22.13 billion and $2.39. AI semiconductor revenue surged 143% year over year in the quarter, and Broadcom guides third-quarter revenue of about $29.4 billion, above expectations of $28.61 billion. Analysts argue the AI push broadens beyond Nvidia, making Broadcom a key ARPU driver for ETFs focusing on ASICs and AI infrastructure, with products fueling hyperscaler data-center expansions. Investors may view this as a dip opportunity amid sector enthusiasm.