Broadcom's AI revenue reached $10.8 billion in the second fiscal quarter, a 143% year-over-year increase, four times Marvell Technology's revenue for the entire quarter.
Broadcom (AVGO) reported second-quarter revenue of $22.19 billion, a 47.87% year-over-year increase, with AI semiconductor revenue reaching $10.8 billion, up 143% year-over-year. The company's CEO, Hock Tan, stated that AI orders exceeded $30 billion in the second quarter and projected AI revenue to grow over 200% to $16 billion in the third quarter. Marvell Technology (MRVL) reported first-quarter revenue of $2.418 billion, a 28% year-over-year increase, with its data center business accounting for 76% of total revenue. Marvell CEO Matt Murphy raised the full-year revenue outlook for fiscal year 2027 to nearly $11.5 billion and for fiscal year 2028 to approximately $16.5 billion, but its net profit declined by 80.61% due to one-time expenses.
Source:Yahoo财经 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Crypto Adoption Reaches 25% in Europe's Four Largest Economies: Banks Accelerate Layout Under MiCA Push
-
2
USDT and Digital Currency Exchange Selection Guide: Global Compliance and Reliability Considerations
-
3
Dollar Rises, U.S. Treasury Yields Fall
-
4
Why is Litecoin considered a mainstream cryptocurrency?
-
5
LBC Token Analysis: The Current State of LBRY Credits and Market Liquidity Analysis
-
6
AI scammers are scouring obituaries to target widows, with one losing $7,000 after being told her late husband evaded taxes
-
7
T. Rowe Price to acquire fixed income fund manager F/m Investments, which manages $19bn in assets
-
8
Retired Lineman Made Costly Error by Accepting $310,000 Pension Buyout Check Personally, Triggering 20% Federal Withholding and Potential Tax Penalties
-
9
How to Choose a Reliable Cryptocurrency Exchange Platform? A Guide to Evaluating Mainstream Platforms
-
10
A Rundown of Major Global Bitcoin Trading Platforms: An Analysis of Giants like Binance, Coinbase, and OKX
Markets Today
Recommended Reading








