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$150 Oil Won't Hurt Broadcom's Business, But It Could Still Hurt the Stock

Broadcom's AI revenue doubled year over year to $8.4 billion, driven by strong custom AI chip sales, and it announced a $10 billion share buyback program.

Summary by 247wallst.com
Does a hypothetical $150 oil level matter to Broadcom (NASDAQ:AVGO)? A little, but probably not in the way you think. Broadcom (AVGO): AI Infrastructure Play The Case That It Doesn’t Matter Broadcom is a fabless semiconductor company. It designs chips and outsources manufacturing. No refineries, no heavy equipment, no diesel fleets. Capital expenditures were just $250 million in Q1 FY2026 for a company generating $19.31 billion in quarterly rev…

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ts2.tech broke the news in on Saturday, March 7, 2026.
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