Broadcom earnings could breathe new life into the chip rally Broadcom’s earnings report is highly anticipated as analysts expect strong demand for its custom ASICs, particularly from hyperscalers and frontier software companies like OpenAI and Anthropic. The company’s deals with Alphabet for custom AI chips and Anthropic for computing power are key indicators of the AI buildout’s momentum. Analysts believe Broadcom is well-positioned despite potential supply chain issues and a volatile summer for AI-related stocks.

• Broadcom’s earnings report is expected to influence the chip sector rally.
• Hyperscalers and companies like Anthropic and OpenAI rely on Broadcom’s ASICs.
• Analysts anticipate Broadcom will surpass revenue estimates.
• Broadcom shares have outperformed Nvidia in 2026.
• AI revenues for Broadcom are projected to be significant, with ASICs forming a large part.
• Deals with Alphabet and Anthropic are crucial indicators of AI chip demand.
• Analysts are bullish on the TPU-related supply chain, including Broadcom.
• Some analysts recommend focusing on larger AI players like Broadcom amidst supply shortages.