Broadcom begins production shipments of Google's next-gen TPU v8i, lifts AI revenue guidance to $58B

Broadcom's CEO announced production shipments of Google's TPU v8i, ahead of MediaTek's version. The company raised its FY2026 AI revenue guidance to $58 billion from $56 billion, up 186% year-over-year. Other highlights include shipments of OpenAI's first custom accelerator 'Jalapeño,' accelerating Ironwood shipments to Anthropic, and production shipments of Meta's MTIA accelerator. The CEO noted AI demand is 'hot' and outlined multi-year deployment plans for major customers. 110 clean stories shaped this window, with sentiment bearish at 35/100. Also in focus: HPE lifts FY adjusted EPS guidance to $3.75-$3.85, Q4 revenue view above estimates.