With earnings in the semiconductor industry mostly having come and gone for calendar Q1 2025, one massive firm still has yet to report: Broadcom (NASDAQ: AVGO). Broadcom reports its fiscal Q2 results on June 5. These results cover the three months ended April 30, aligning more closely with the calendar Q1 period. NVIDIA (NASDAQ: NVDA), the only larger company in the industry, reported strong earnings on May 28. They beat expectations, helping shares rise moderately. However, Broadcom’s much smaller custom chip rival, Marvell Technology (NASDAQ: MRVL), failed to stand out, leading shares to fall after reporting.
Broadcom had one of the best post-earnings performances among chip stocks when it reported fiscal Q1 results in March. Shares rose by nearly 9% the day after. This helped stem generalized AI-chip market fears at the time. NVIDIA and Marvell had seen their shares take big post-earnings tumbles just days before. So, what are analysts expecting from this company in the quarter? Additionally, what are the key details of the earnings call that investors should pay close attention to?
