博通和Marvell挣麻了，但是……

Group 1: Broadcom's Financial Performance - Broadcom reported Q2 earnings per share of $1.58, exceeding the target of $1.56, with revenue of $15 billion, a 20% year-over-year increase, slightly above the analyst consensus of $14.99 billion [1] - The company's net profit for the quarter was $4.97 billion, more than double the $2.12 billion from the same period last year [1] - Broadcom expects Q3 revenue to be approximately $15.8 billion, higher than Wall Street's expectation of $15.7 billion [1] Group 2: AI Chip Business Growth - Broadcom's AI revenue reached $4.4 billion in the last quarter, a 46% increase year-over-year, driven by demand for new network chips like the Tomahawk 6 series [2] - The company is developing custom AI chips for three major cloud service providers, indicating strong ongoing investment in AI [2] - Broadcom anticipates AI revenue to grow to $5.1 billion in the upcoming quarter, supported by large-scale partners like AWS, Microsoft, and Google [3] Group 3: Marvell's Financial Performance - Marvell reported Q1 earnings per share of $0.62, slightly above the Wall Street estimate of $0.61, with revenue of $1.9 billion, a 63% year-over-year increase [6] - The company's net profit for the quarter was $177.9 million, a significant turnaround from a loss of $200.2 million in the same period last year [6] - Marvell's data center business saw a remarkable 76% revenue growth year-over-year, reaching $1.44 billion [6] Group 4: Marvell's Business Segments - Marvell's operator infrastructure segment experienced a 93% increase in sales, reaching $138.4 million, while the consumer segment grew by 50% to $63.1 million [7] - The only segment that saw a decline was the automotive and industrial business, which decreased by 2% to $75.7 million [6] - Marvell expects revenue for the upcoming quarter to be around $2 billion, slightly above Wall Street's forecast of $1.99 billion [6] Group 5: Market Sentiment and Analyst Opinions - Analysts from Melius Research labeled Broadcom as a "must-hold" AI stock due to its strong relationships with fabless chip suppliers and the expected growth in its network business [3] - Marvell's CEO praised the company's record revenue and anticipated continued strong growth driven by AI demand in data centers [7] - Despite strong performance, Marvell's stock has underperformed this year, with a 42% decline year-to-date [8]