Yahoo Finance Analysis: Broadcom, Micron Technology, and Marvell Technology are three semiconductor companies with strong AI business growth and optimistic guidance.
Yahoo Finance analysis indicates a continued acceleration in AI infrastructure spending, driven by growing demand from hyperscalers for custom accelerators, high-bandwidth memory, and high-speed networking chips. Broadcom's AI semiconductor revenue reached $16.7 billion in Q3 FY2026, a 221% year-over-year increase, accounting for 56% of its total revenue. The company projects AI semiconductor revenue to reach approximately $115 billion and $230 billion in FY2027 and FY2028, respectively. Micron Technology's data center revenue exceeded $25 billion in Q3 FY2026, with an annualized run rate of over $100 billion, and is expected to reach around $50 billion in Q4. Marvell Technology reported data center revenue of $2.17 billion in Q2 FY2027, up 46% year-over-year, representing 79% of its total revenue. The company also raised its FY2027 data center business growth outlook to approximately 60%.
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