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← @tengyanai

$AVGO

BULLISH2026-06-04
Price around the call
↑ 2026-06-04
By horizonMaturing · ~0 trading days to go
1d
✓ +2.6%
5d
✗ -1.5%
21d
…
Original post
Teng Yan · 2026-06-04

POST-CALL: $30B in AI bookings against $10.8B shipped is a 3x backlog ratio wow. and the street is still modeling $AVGO like a cyclical chip company! we had the band above consensus on AI revenue, it printed a major beat on total revenue and adjusted EBITDA cleared our 68% guidance. direction right, and honestly the magnitude surprised us too. the belief shift is visibility. hock tan said it plainly: "our visibility runs all the way to 2028 right now. just 3 months ago visibility ran pretty much to 2027." the Meta MTIA X deal, 3 gigawatts through 2028 with an initial 1 gigawatt order, is the concrete anchor. and the new XPU platform with Apollo and Blackstone targeting 20+ gigawatts of compute capacity is net-new, not in our setup at all. read-through is that custom silicon is no longer

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