Microchip Technology reports 98% growth in data center revenue last quarter

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  "signal_type": "news",
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  "detected_at": "2026-08-10T08:42:27+00:00",
  "company": {
    "name": "Microchip Technology",
    "domain": "microchip.com"
  },
  "data": {
    "url": "https://cryptobriefing.com/microchip-technology-data-center-revenue-growth/",
    "title": "Microchip Technology reports 98% growth in data center revenue last quarter - cryptobriefing.com",
    "excerpt": "Photo: NobbiP / Wikimedia Commons / CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0/) The chipmaker is now targeting $1 billion in data center revenue by the end of calendar 2026, fueled by surging AI infrastructure demand Share Microchip Technology just posted a number that would make most semiconductor companies jealous. The company’s data center revenue nearly doubled year-over-year in its most recent quarter, growing 98% as hyperscale operators and enterprise buyers race to build out AI infrastructure. Total net sales for Q1 of fiscal year 2027 hit $1.485 billion, a 38% jump compared to the same period last year. Non-GAAP earnings per share came in at $0.76. In calendar 2025, the Data Center Solutions segment generated $302.7 million in revenue. Broader data center exposure for the full calendar year reached $591 million. The company is guiding toward approximately $1 billion in total data center revenue by the end of calendar 2026, representing roughly 69% growth from the $591 million baseline. Sanghi pointed to the March 2026 quarter as evidence of sustained acceleration, noting 62.9% year-over-year growth in that period. For all of calendar 2026, the company is projecting about 65% growth in its data center segment, which would push revenue to around $500 million from the core Data Center Solutions unit alone. Two product categories are doing most of the...",
    "summary": "Microchip Technology's data center revenue grew 98% year-over-year in its most recent quarter.",
    "planning": false,
    "image_url": "https://static.cryptobriefing.com/wp-content/uploads/2026/08/10044224/microchip-technology-reports-98-growth-in-data-center-revenu-800x420.jpeg",
    "confidence": 0.9,
    "published_at": "2026-08-10T08:42:27Z",
    "article_sentence": "The company’s data center revenue nearly doubled year-over-year in its most recent quarter, growing 98% as hyperscale operators and enterprise buyers race to build out AI infrastructure."
  }
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