AMD’s data center revenue doubled to $6.72 billion while Marvell’s AI-driven sales reached 76% of $2.4 billion quarterly revenue.
Advanced Micro Devices (NASDAQ:AMD) reported a 107% year-over-year jump in data center revenue to $6.72 billion, driving total Q2 revenue to $11.54 billion, up 50.11%. The segment turned a prior-year loss into $2.10 billion in operating income, fueled by EPYC demand and Instinct deployments.
Marvell Technology (NASDAQ:MRVL) posted Q1 FY2027 revenue of $2.418 billion, with data center contributing $1.83 billion, or 76% of total sales. Both companies outperformed NVIDIA (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO) year-to-date, rising 142% and 157%, respectively, as high-beta AI alternatives.
AMD’s gaming segment remained a drag, declining 31%, while Marvell’s custom silicon and optical interconnects positioned it as a pure-play AI infrastructure provider. The earnings underscore their role as secondary beneficiaries of AI-driven demand.