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.
From niche player to billion-dollar contender
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.
