Marvell Technology CFO Says Remain On Pace To Make ~$1B Of Capacity Prepayments To Suppliers In FY 2027
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Marvell Technology CEO Says Now Expect Overall Marvell Revenue In FY 2027 To Grow ~ 45% YoY To Roughly $12B; : Now Expect Data Center Business To Grow By ~ 60% This Fiscal Year; Now Expect Fiscal 2028 Revenue Of ~ $18B; Now Expect Fiscal 2028 Revenue To Grow ~50% YoY
-Conference Call
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- Aug 27, 2026, 8:54 PM
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Marvell Technology CEO Says Remain Confident That Custom Chip Business Will More Than Double YoY In Fiscal 2028 And Accelerate Significantly In Fiscal 2029; Revenue From Programs Covered By Warrant Agreement With Google Through FY 2028 Is Already Reflected In The Overall Custom Revenue Target We Have Previously Provided
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Read original at benzingaMarvell Posts Q2 Double Beat Driven by Data Center Strength
Marvell Technology Inc (NASDAQ:MRVL) reports financial results for the second quarter after the market close on Thursday.
Read original at benzinga