AVGO vs QCOM: AI Stock Comparison

Broadcom Inc. vs Qualcomm Incorporated: AI exposure, key metrics, next earnings dates, upcoming catalysts and risks — every number linked to its source.

Popular: NVDA VS AMDMSFT VS GOOGLMETA VS AMZNPLTR VS BBAIASTS VS OKLOOKLO VS SMRIREN VS CORZALAB VS CRDOSOUN VS BBAIAVGO VS MRVLCRWV VS NBISAMD VS INTC all matchups →
$AVGO scores higher on AI exposure (4/5 vs 2/5) under our published rubric. The score measures how directly each business is tied to AI, not which stock to buy.
⏱ Next catalyst: Not enough tracked catalysts to compare.
$AVGO 🏆
Broadcom Inc.
Custom AI accelerators and Ethernet switching for hyperscalers.
$QCOM
Qualcomm Incorporated
Smartphone SoCs and modems pushing into on-device and data-center AI.
AI exposure score⚡⚡⚡⚡⚡ 4/5⚡⚡⚡⚡⚡ 2/5
Shares outstanding4.77B
as of 2026-08-28 · 10-Q cover page · SEC filing
1.07B
as of 2026-11-02 · 10-K cover page · SEC filing
CategoryAI chipsAI chips
Key metrics
Revenue (latest quarter) $29.59B
10-Q period ended 2026-08-02; +86% y/y · SEC filing
Gross margin 69.1%
Gross profit / revenue, same quarter · SEC filing
Operating income $15.96B
Same quarter; 54% operating margin · SEC filing
Revenue (latest fiscal year) $43.12B
10-K period ended 2026-09-27; -3% y/y · SEC filing
Operating income $8.66B
Same fiscal year; 20% operating margin · SEC filing
Net income $13.63B
Same fiscal year · SEC filing
Next earnings
Dec 10, 2026 expected
Broadcom Inc. quarterly earnings · source
Not yet announced / not on our calendar
Next catalyst
Dec 9, 2026
FOMC rate decision + projections · source
Not yet announced / not on our calendar
Upcoming catalysts
Dec 9, 2026
FOMC rate decision + projections · source
Dec 10, 2026 expected
Broadcom Inc. quarterly earnings · source
None tracked
Most recent reportedNot yet announced / not on our calendar
Nov 4, 2026
QUALCOMM Incorporated reports quarterly results · source
On-device AI and data-center ambitions. Fiscal Q4 GAAP revenue $10.32B (-8% y/y), GAAP EPS $1.17; fiscal 2026 revenue $43.1B. Reiterated a fiscal 2027 Data Center revenue target of $5B.
Key risks
  • “A significant reduction in demand from certain customers or loss of one or more of our significant customers may adversely affect our business.” — 10-K risk factor (filed 2025-12-18) · source
  • “Our substantial indebtedness could adversely affect our financial health and our ability to execute our business strategy.” — 10-K risk factor (filed 2025-12-18) · source
  • “Our increasing focus on artificial intelligence (AI), including on-device AI, agentic AI and AI infrastructure, may not result in the anticipated benefits and could expose us to additional…” — 10-K risk factor (filed 2026-11-04) · source
  • “The semiconductor industry is subject to intense competition in an environment of rapid technological change. Our success depends in part on our ability to adapt to such change and compete…” — 10-K risk factor (filed 2026-11-04) · source
AI angle

Broadcom designs custom AI chips (XPUs) for a handful of hyperscalers and sells Tomahawk/Jericho Ethernet silicon for AI clusters, while VMware software adds a large non-AI revenue base.

Qualcomm's revenue is mostly handsets, autos and IoT. Its AI angle is on-device inference in Snapdragon chips plus newer data-center inference products, which its 10-K flags as an uncertain bet.

Full analysis: $AVGO →Full analysis: $QCOM →

The morning brief

Today's AI-stock catalysts in your inbox before the open. Free, 2-minute read.

Related matchups

AVGO VS MRVLNVDA VS AVGOARM VS QCOMAMD VS AVGOAMD VS QCOMARM VS AVGOAVGO VS INTCINTC VS QCOMMRVL VS QCOMNVDA VS QCOM

Deep dives: AVGO next earnings & catalysts · QCOM next earnings & catalysts · AI earnings this week