Ahead of its Q2 release on Aug. 27, Marvell reiterated upward targets: FY27 revenue is now expected to be up 40% YoY. The company highlighted AI networking as the growth driver, with data center revenue projected to grow 50% and interconnect revenue to rise more than 70% this year. The update suggests improving demand momentum ahead of earnings.
Ahead of its Q2 release on Aug. 27, Marvell reiterated upward targets: FY27 revenue is now expected to be up 40% YoY. The company highlighted AI networking as the growth driver, with data center revenue projected to grow 50% and interconnect revenue to rise more than 70% this year. The update suggests improving demand momentum ahead of earnings.
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