BRIEFINGS · Chips and AI hardware
Semtech reports record $341.9 million quarter and guides to $410.0 million
Semtech reported record Q2 net sales of $341.9 million, guided Q3 to $410.0 million plus or minus $5.0 million, and said data center revenue hit a record.
On 25 August 2026 Semtech, which describes itself as a provider of semiconductors powering AI data center networking, reported record second-quarter fiscal 2027 net sales of $341.9 million, up 17% from the prior quarter and 33% from a year earlier. It guided third-quarter net sales to $410.0 million plus or minus $5.0 million. On the call its CFO said data center revenue was a record $100 million (Semtech 8-K and call transcript).
Why we file it. A chip maker says AI data center networking is lifting its sales.
How we read it. Record quarter, though the outlook is a forecast.
Why it matters to you: AI data centers need fast data-moving chips.
What this doesn't prove
Company figures: the third-quarter outlook is guidance. The data center figure is from the call.
Next fixture
- Whether data center sales keep growing as 1.6T products ramp.
Sources
- Q2 FY2027 Results25 August 2026
- Semtech Q2 2027 call transcript1 September 2026
Every figure above comes from these sources. Every briefing is checked against its sources before it publishes. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures.
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