Broadcom’s 200%+ AI revenue growth and lower P/E ratio contrast with Cisco’s 15% growth and higher valuation.
Broadcom reported a 23x price-to-earnings ratio against over 200% AI revenue growth, compared to Cisco’s 26x P/E and 15% total growth. The disparity highlights Broadcom’s stronger position in the AI infrastructure market.
Cisco’s full-year AI orders reached $9.3 billion, nearly doubling its $5 billion target, driven by enterprise networking demand. Broadcom’s AI semiconductor revenue surged 143% year-over-year to $10.8 billion in Q2, with a $30 billion AI backlog extending visibility to 2028.
Cisco’s Q4 FY2026 revenue hit $17.3 billion, with AI infrastructure orders at $4 billion. Broadcom’s Q2 revenue totaled $22.2 billion, fueled by hyperscaler demand for custom AI silicon. Both companies show robust AI-driven growth but differ in market focus and risk exposure.