NVIDIA (NASDAQ: NVDA) just cleared the bar, and then some. On Wednesday, Aug. 26, the AI chip leader reported blowout results, with revenue of $96.2 billion and data center sales up 117% year over year. The company also guided current-quarter revenue to a stunning $108 billion, well above Wall Street's expectations. CEO Jensen Huang declared that AI has "reached its inflection point" and that demand is accelerating.
Now the market gets its next read. When Marvell Technology (NASDAQ: MRVL) reports Thursday, Aug. 27, after the close, one day after NVIDIA, it will help answer a more nuanced question: whether the AI infrastructure story is genuinely broadening beyond the GPU, into the custom silicon, networking, and interconnect layers the entire buildout depends on.
