Brief: Marvell Tech CEO Now Expect Overall Marvell Revenue In FY 2027 To Grow Approximately 45% YoY To Roughly $12 Billion - Conf Call

Marvell Technology

27/08/2026 21:59

Aug 27 (Reuters) - Marvell Technology, Inc. MRVL.O:
MARVELL TECH CEO: NOW EXPECT OVERALL MARVELL REVENUE IN FY 2027 TO GROW APPROXIMATELY 45% YOY TO ROUGHLY $12 BILLION - CONF CALL
MARVELL TECH CEO: NOW EXPECT DATA CENTER BUSINESS TO GROW BY APPROXIMATELY 60% THIS FISCAL YEAR
MARVELL TECH CEO: NOW EXPECT FISCAL 2028 REVENUE OF APPROXIMATELY $18 BILLION
MARVELL TECH CEO: NOW EXPECT FISCAL 2028 REVENUE TO GROW APPROXIMATELY 50% YOY
CORRECTED-MARVELL TECH CEO: CURRENTLY EXPECT FISCAL 2027 GROWTH TO APPROACH OUR 10% TARGET FOR COMMUNICATIONS AND OTHER END MARKETS (ADDS DROPPED WORDS)
MARVELL TECH CEO: REMAIN CONFIDENT THAT CUSTOM CHIP BUSINESS WILL MORE THAN DOUBLE YOY IN FISCAL 2028 AND ACCELERATE SIGNIFICANTLY IN FISCAL 2029
MARVELL TECH CEO: 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
MARVELL TECH CFO: REMAIN ON PACE TO MAKE APPROXIMATELY $1 BILLION OF CAPACITY PREPAYMENTS TO SUPPLIERS IN FY 2027
Further company coverage: MRVL.O

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