Broadcom reports Q3 revenue up 86% YoY to $29.59B, vs. $29.36B est., AI semiconductor revenue up 221% to $16.7B, and forecasts Q4 revenue below estimates (Jordan Novet/CNBC)

Broadcom reported Q3 revenue of $29.59 billion, up 86% YoY, with AI semiconductor sales climbing 221% to $16.7 billion, but its Q4 revenue outlook missed analyst forecasts. Meta released Muse Spark 1.3, keeping the same price as 1.2 while touting coding and agentic task improvements. Google launched Gemini 3.8 Flash, pricing input tokens at $0.75 and output tokens at $3.75 per million. Microsoft disclosed its first Azure quarterly revenue, rising 42% to $29.42 billion and reorganizing into two reporting segments.