AVGO ranked #2 in Reddit ticker discussion with 18 posts, 866 comments, and a sentiment score of 0.24.
Broadcom reported Q3 revenue of $29.59B and adjusted EPS of $3.32, beating estimates, while AI chip sales tripled to $16.7B.
Reddit users were divided between bullish pre-earnings bets and confusion over why the stock price hasn't moved despite nearly 100% YoY revenue growth.
AVGO Dominates Reddit Discussion Ahead of Earnings
On September 2, ![]()
Earnings Beat but Guidance Sparks Debate
Broadcom reported Q3 revenue of $29.59 billion and adjusted EPS of $3.32, both beating Wall Street expectations. AI chip sales more than tripled to $16.7 billion, up 221% year over year. However, the company's Q4 guidance of $34.8 billion fell slightly short of the $35.03 billion analyst consensus, causing some investor concern despite the exceptional growth. The Motley Fool noted that the stock trades at a steep valuation with little room for error if AI-driven growth decelerates.
Reddit Reacts: Bulls, Bears, and Valuation Confusion
On r/wallstreetbets, a user posted a 700K YOLO expressing frustration: "Revenue doubling in both 2027 and 2028 and the stock is red. AVGO CEO Hock Tan rug pulled me worse than the Hawk Tuah girl." Another user on r/ValueInvesting questioned why the share price is the same as last year despite nearly 100% YoY revenue growth, calling the valuation "insane." The post noted that Broadcom reported $29.59B in revenue versus $15.95B a year ago, yet the stock price is roughly the same.
Meanwhile, bullish sentiment remained strong. A r/wallstreetbets post titled "AVGO Buy before ER" argued debt concerns are overblown, while another user expected a big earnings beat, noting "AVGO hasn't dropped after earnings two times in a row." The r/investing community debated whether the stock would experience a "sell the news" event or follow other AI chip companies higher, with one user considering buying for a +10% swing or waiting for a dip.
AI Infrastructure and Competitive Landscape
News from Zacks highlighted AMD's Saudi AI buildout, noting Broadcom's growing custom AI accelerator business as a competitive force against NVIDIA. Broadcom's AI chip sales tripling reinforces its position in the Artificial Intelligence infrastructure buildout, a theme that has driven retail interest across multiple tickers. The broader market faced headwinds from Middle East tensions and weak ADP jobs data, but AVGO remained a focal point for Reddit investors seeking exposure to the AI boom.
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