NVDA guided $91B next quarter while AVGO expects AI semiconductor revenue to surge over 200% year over year to $16B in Q3. MRVL surged 150% year to date, with CEO Matt Murphy significantly raising the company's revenue outlook for both fiscal 2027 and 2028. Watch forward guidance over headline beats.
A flinch from any of the three on their outlook signals the AI capex cycle is losing steam. Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The next leg of the AI trade runs through late August and early September, when three of the largest AI infrastructure names step up to report. NVIDIA (NASDAQ:NVDA) prints results on August 26, 2026, Marvell Technology (NASDAQ:MRVL) follows on August 27, 2026, and Broadcom (NASDAQ:AVGO) closes the trio on September 2, 2026. Each has already telegraphed accelerating data center demand, and each carries a specific catalyst that could reset the AI capex narrative for the back half of the year.
Guidance from last quarter across all three points to sequential acceleration, and prediction markets are pricing in strong follow-through. Below is the case for each name heading into the earnings report. NVIDIA enters the quarter with unmatched operating leverage.
Last quarter's revenue hit $81.615 billion, growing 85.23% year over year, while non-GAAP EPS of $1.87 beat consensus by 5.42%. Data Center revenue alone reached $75.246 billion, up 92%, with networking accelerating 199%. Guidance for the current quarter calls for $91.0 billion in revenue at a 75.0% non-GAAP gross margin.
CEO Jensen Huang framed the moment plainly: "The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed." Capital returns back that confidence. The board approved an $80.0 billion repurchase authorization and lifted the dividend from $0.01 to $0.25 per share. Shares closed at $217.50 on August 11, 2026, up 16.76% year to date and 996.42% over five years.
Extract — continue reading at the source.
