Broadcom posted record AI semiconductor earnings with Q3 revenue of $16.70 billion (up 221% YoY) and projects fiscal 2027 AI revenue near $115 billion and 2028 near $230 billion. The company's custom chip roadmap for major customers including OpenAI, Google, Anthropic, and Meta positions it as a critical AI infrastructure play, with 24/7 Wall St. setting a $422.39 price target.