Marvell (MRVL): Lays out path to $70-90B revenue by fiscal 2031
Marvell's Oct 6 investor day set a fiscal 2031 revenue path of $70-90B and lifted its fiscal 2028 goal to about $20B from $18B. Shares jumped sharply that day. Delivery hinges on custom AI chip ramps and hyperscaler spending.
Sources
For information only. Not financial advice. See our disclaimer and editorial standards. Spotted an error? Tell us.