Broadcom will report its fiscal fourth-quarter earnings after the market close today. Investors await the company's commentary for the artificial-intelligence chips market.

The Wall Street consensus expectations for Broadcom are for the company to report October quarter revenue of $17.5 billion, with adjusted earnings per share of $1.87. For the current quarter, the consensus calls among analysts are for revenue of $18.4 billion and earnings per share of $1.97

Broadcom's semiconductors compete in several categories, including networking, broadband, server storage, wireless, and industrial. The company is also a leader in the market for high-end AI application-specific integrated circuits, or AI ASICs. It helps large technology companies design custom chips for AI.

Shares of Broadcom have risen nearly 76% this year, compared to 23% gain for the Nasdaq Composite.

On Sunday, J.P. Morgan analyst Harlan Sur reaffirmed his Overweight rating for Broadcom stock and reiterated his $400 target for the share price. "We continue to see a strong demand profile for its AI products," he wrote. "We expect Oct-qtr revenue/earnings/FCF to be better vs our/consensus expectations."

In September on the last earnings call, Broadcom CEO Hock Tan announced his company had secured $10 billion in AI orders from a new qualified customer, which he said will "significantly" improve the AI revenue outlook for fiscal 2026.