Core Business Updates
Nvidia reported a 106% year-over-year revenue increase, reaching $96.2 billion for the fiscal second quarter of 2027, driven largely by a $89 billion contribution from data centers. The company anticipates about 70% revenue growth in fiscal 2028. In contrast, Broadcom’s AI semiconductor revenue surged 221% year-over-year to $16.7 billion, with projections to double revenue to approximately $115 billion in fiscal 2027.
Micron Technology’s revenue skyrocketed to $41.5 billion in its fiscal third quarter of 2026, reflecting a more than fourfold increase from the previous year. It expects to report around $50 billion for the fiscal fourth quarter. Meanwhile, Marvell Technology also experienced growth, generating $2.7 billion in revenue during its fiscal second quarter, with an aim for $18 billion in fiscal 2028.
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