Credo Technology Group and NVIDIA both reported strong results driven by AI infrastructure demand. Credo’s revenues reached $479 million in the fiscal first quarter of 2027, up 114.7% year over year and 9.6% sequentially, with management expecting $525-$535 million in the fiscal second quarter of 2027, implying roughly 10.6% sequential growth from the midpoint. Credo’s non-GAAP net income jumped 140% year over year to $236.3 million. NVIDIA’s total revenues reached $96.2 billion in the fiscal second quarter of 2027, up 106% year over year and 18% sequentially, as Data Center revenues rose 117% year over year and 18% sequentially to $89 billion. NVIDIA’s non-GAAP gross margin rose to 75% from 72.5% a year earlier, and it projects revenues of $108 billion, plus or minus 2%, in the fiscal third quarter of 2027, up 12% sequentially from the midpoint, with its Vera Rubin platform in full production. The article says that while Credo’s growth rate is impressive, it falls short of NVIDIA’s growth, scale and profitability, and that NVIDIA’s 63.7% net profit margin versus Credo’s 33.8% highlights its greater profitability.