Marvell Technology, Inc. generated $8.2B revenue in FY2026, up 42%, with data center revenue exceeding $6B and representing 74% of total. Custom silicon reached $1.5B in FY2026 expected to grow in FY2027 and potentially double in FY2028 with new hyperscaler programs. Interconnect revenue is projected to grow over 50% in FY2027, with switch revenue exceeding $600M and AEC/retimers doubling.

Ameriprise Financial Inc. raised its holdings in shares of Marvell Technology, Inc. (NASDAQ: MRVL) by 59.7% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,624,827 shares of the semiconductor company's stock after buying an additional 6,217,952 shares during

Analog Century Management LP cut its stake in Marvell Technology, Inc. (NASDAQ: MRVL) by 19.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 765,656 shares of the semiconductor company's stock after selling 181,398 shares during the period. Marvell Technology makes

Marvell's earnings grew impressively in the previous fiscal year, and its outlook points to further growth. The company's solid growth potential stems from growing demand for its custom AI processors.

Marvell Technology (MRVL 3.08%) may be building one of the most important layers of the AI infrastructure stack. As optical interconnect speeds jump to 1.6 terabits, demand for high-bandwidth networking could accelerate faster than most investors expect.

“Marvell tech had $1 billion more in sales than anyone thought. It's involved directly with the data center.

I'm downgrading Marvell to a Hold as its custom silicon/XPU growth (20% yoy guided for FY27) looks too modest versus stronger AI leaders like Broadcom. On the positive side, MRVL's FY27 total revenue guidance was raised to $11B (30% yoy growth), with FY28 now projected at $15B, exceeding consensus expectations. The optical interconnect business is the key growth driver, with FY27 growth expected to be over 50% yoy. The XPU growth is slowing to 20% yoy from doubling in FY26.

Marvell stock surged post-Q4 print after raising FY27 revenue guidance to $11B and FY28 to $15B, both ahead of expectations. We think the company's AI-driven data center and networking exposure position it for sustained top-line growth and see more upside to the FY27 and FY28 outlook. Despite margin pressure from a custom ASIC mix, investors are prioritizing rapid revenue expansion and AI infrastructure tailwinds over near-term profitability concerns.

Marvell Technology, Inc. is positioned as a leading energy-aligned AI infrastructure proxy, with data center revenue now comprising 74% of sales. Recent guidance revisions see MRVL's fiscal 2027 revenue outlook raised to nearly $11B, with fiscal 2028 targeted at $15B, driven predominantly by organic growth. MRVL's growth is not acquisition-dependent; strong data center, interconnect, and custom XPU demand are expected to outpace broader cloud capex trends.

In terms of custom silicon, Marvell Technology NASDAQ: MRVL is often seen as playing second fiddle to its much larger semiconductor peer Broadcom NASDAQ: AVGO. However, recently, Marvell has clearly been the better performer of these two.