Marvell Technology forecasts quarterly revenue above estimates
27/08/2026 21:06
Marvell Technology forecasts quarterly revenue above estimates Aug 27 (Reuters) - Marvell Technology MRVL.O forecast quarterly revenue above estimates on Thursday, a sign of strong demand for its custom chips and networking gear used in AI data centers.
The company expects third-quarter revenue of $3.15 billion, plus or minus 5%, compared with analysts' average estimate of $3.03 billion, according to data compiled by LSEG.
(Reporting by Anhata Rooprai in Bengaluru; Editing by Joyjeet Das)
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