Silicom expects third-quarter revenue of $25 million to $26 million, which would represent year-over-year growth of as much as 66% at the high end of the range. In July, an existing blue-chip customer selected Silicom for a custom high-speed server adapter. He estimated that AI-inference revenue could total roughly $3 million to $4 million during 2026, with 2027 revenue expected to be higher. Operating expenses increased 16% to $8.3 million, compared with revenue growth of 59%. Gilad said inventory was intentionally increased to support revenue growth and protect product availability amid extended lead times for memory chips.