"NVIDIA set the tone most recently, posting Q4 FY2026 revenue of $68.13 billion, up 73.2% year over year, with Data Center revenue alone hitting $62.31 billion, up 75% year over year. CEO Jensen Huang framed the moment clearly: 'The agentic AI inflection point has arrived.' That kind of language, backed by a Q1 FY2027 guidance of approximately $78 billion, is extremely bullish."
"Broadcom added fuel. The company reported Q1 FY2026 AI chip revenue of $8.4 billion, up 106% year over year, with CEO Hock Tan stating simply: 'AI revenue growth is accelerating.' Micron piled on with a significant earnings beat and management noting they expect 'business performance to continue strengthening through fiscal 2026.'"
"The key story here: while NVIDIA's numbers were great, momentum has been building across the semiconductor space throughout earnings season. With the VanEck Semiconductor ETF having sold off across the past month, the rebound in stocks today led"
Semiconductor stocks experienced a significant rally on Monday, with SOXL gaining 11.6% while broader markets rose modestly. NVIDIA led with Q4 revenue of $68.13 billion, up 73.2% year-over-year, with Data Center revenue reaching $62.31 billion. CEO Jensen Huang highlighted the arrival of the agentic AI inflection point, with Q1 guidance near $78 billion. Broadcom reported Q1 AI chip revenue of $8.4 billion, up 106% year-over-year, while Micron and Marvell also delivered strong earnings and raised 2027 guidance. The rally reflects momentum building across the entire semiconductor sector throughout earnings season, following recent market volatility.
Read at 24/7 Wall St.
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