ETFs to Buy as Broadcom Slides Despite Better-Than-Expected Q3 Earnings
Broadcom reported strong Q3 fiscal 2026 results with 86% revenue growth and 96% EPS growth, driven by AI semiconductor revenues surging 221% to $16.7 billion. However, the stock slid nearly 1% due to Q4 guidance coming in slightly below analyst expectations at $34.8 billion versus $35.03 billion. The article recommends semiconductor ETFs with significant Broadcom exposure as a diversified alternative to single-stock investing, mitigating concentration and geopolitical risks.