Nebius reported its Q2 results, with an adjusted EBITDA margin of 50% as unit economics improved. The company said higher GPU prices were successfully passed through into contracts, helping protect margins. Deferred and contracted revenue rose sharply, and the backlog reached $40 billion. Nebius also guided to at least 1GW of annual capacity additions through 2027.

Hewlett Packard Enterprise reported Q3 FY26 revenue of $12.2B, up 34% year over year, driven by strong growth in its Networking business and Cloud & AI segment. Networking margins stayed above 20%, while Cloud & AI margins reached 17%, which is viewed as a near-term ceiling. A DCF-based valuation implies a $61.40 price target, and the stock’s post-earnings dip is seen as a potential entry point.

Broadcom reported record fiscal Q3 results, including 86% year-over-year revenue growth and 221% growth in AI semiconductor sales. Operating income rose 92% and margins were 68%. Management guided fiscal Q4 AI revenue to $21.7B and projected $115B in FY27, with FY28 expected to double to $230B. The stock’s valuation implies a 18.9x FY27 P/E and a PEG of 0.67.

CoreWeave’s adjusted operating profit margin jumped from 1% to 5% in the second quarter, signaling a sharp improvement in profitability. Company guidance indicates the fourth quarter is expected to generate 60% of full-year adjusted operating income. Its weighted-average cost of debt fell by 300 basis points despite a hawkish Federal Reserve backdrop, pointing to easier financing conditions.

Broadcom reported strong third-quarter results, with EPS up 96% and revenue up 86%, including a 221% year-over-year surge in AI semiconductor revenue. Its infrastructure software business grew 30% over the same period. For the fourth quarter, management guided for $34.8 billion in revenue and $21.7 billion in AI semiconductor revenue, while targeting a 66% adjusted EBITDA margin. Despite the beat, the stock fell in after-hours trading, even as its forward P/E is described as attractive.

Methode Electronics reported fiscal 2027 first-quarter results with non-GAAP EPS of $0.22, missing estimates by $0.02. Revenue came in at $265.4M, up 10.4% year over year, beating expectations by $27.09M. The company issued full-year net sales guidance of $1,025–1,075 million.

Credo Technology reported record Q1 revenue of $479M, up 114.7% year over year, topping both internal targets and Wall Street expectations. Non-GAAP gross margin held at 68%, and the company lifted its full-year revenue growth outlook to above 85% while reaffirming its FY27 optical ramp. Despite stronger fundamentals and an upgraded outlook, the stock fell 18% after the earnings release, diverging sharply from the business performance.

Credo reported record revenue on its fiscal 2027 first-quarter earnings call. The company raised its second-quarter revenue guidance to $525M-$535M. It also set a goal of more than $600M in optical revenue for fiscal 2027, pointing to continued strong demand for AI-related high-speed connectivity.

Credo Technology reported record first-quarter revenue of $479 million, up 114.7% year over year. Adjusted gross margin was 68%, while non-GAAP net margin reached 49.3%. Management guided second-quarter revenue to $525 million–$535 million, with gross margin expected at 67%–69%.