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Track Marvell Technology in real time with a live news feed covering Marvell Technology stock news, official press releases, company announcements, and an archive of historical Marvell Technology news. ...more
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12:00 PM | Tuesday | Oct 13, 2026
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Marvell forecasts that by fiscal 2031, it'll be generating around $80 billion in revenue. In its most recent fiscal year, its top line totaled $8.2 billion.
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Marvell forecasts that by fiscal 2031, it'll be generating around $80 billion in revenue. In its most recent fiscal year, its top line totaled $8.2 billion.
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Marvell Technology (MRVL) raised its FY28 revenue target to $20B, driven by accelerating AI connectivity and custom silicon opportunities. MRVL forecasts data center revenue to reach $18B in FY28, with connectivity and optics as key growth drivers and custom silicon ramping up thereafter. Operating margin targets increased to 44%-46% by FY31, with free cash flow margin above 36% and substantial shareholder returns planned.
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The chips and networking company has got caught up in a broader AI chip selloff, but Microsoft's Maia 300 program can change that.
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Within a single week, three of the market's most prominent AI names collected Buy upgrades from Melius Research, TD Cowen and Goldman Sachs. Microsoft, Marvell Technology and Palantir Technologies each won over an analyst for a different reason: security, networking and data control.
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DRAM prices have surged nearly fivefold in some markets, and Micron's CEO expects conditions to get even tighter through 2028.
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Marvell Technology targets $30 billion in custom silicon revenue by FY2031, with XPU attach potentially reaching $15B—75x FY2026 levels. Marvell's XPU attach leverages existing IP, offers faster time-to-market, and delivers richer gross margins than full-custom accelerators. Despite aggressive growth targets, Marvell's current $275 price implies a high multiple on near-term earnings; upside depends on long-term execution.
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On Oct. 12, 2026, investors brace for bank earnings while semiconductor weakness pressures the broader market.
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AMD, Marvell, Corning, and Bloom Energy were among the priciest stocks hit by valuation declines, according to Trivariate Research.
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Marvell Technology (MRVL), the custom-chip and data-center connectivity designer, slipped roughly 2.8% to $267.516 at 12.20pm EST on October 12, despite an ambi
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SANTA CLARA, Calif.--(BUSINESS WIRE)--In the "Industry Ecosystem Support" section, please note the addition of a new fourth paragraph, a quote from Yashar Bayani, director, Hardware Engineering at Meta. The updated release reads: MARVELL UNVEILS SECOND-GENERATION STRUCTERA X, INDUSTRY-FIRST SIX-CHANNEL CXL 3.2 MEMORY EXPANDERS FOR AI INFERENCE Expanding memory capacity for AI: Second-generation Marvell® Structera™ X 3406 and 3506 CXL 3.2 memory expanders add six DDR4/DDR5 channels (50% more th.
Marvell Technology has quietly become one of the purest AI infrastructure plays in semiconductors, but the real question is whether its explosive run has already priced in the future or if a case exists for another 79% gain from here.
Read full articleSANTA CLARA, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the second-generation Marvell Structera X 3406 and Marvell Structera X 3506 CXL memory expanders, designed to help cloud, enterprise and AI infrastructure providers build more efficient, scalable and higher-performance systems for the next era of AI and computing. Designed to address the evolving needs of leading hyperscale datacenters, Structer.
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SAN JOSE, Calif.--(BUSINESS WIRE)--Aviz Networks, the networking software stack for building, observing and operating modern networks today announced an expanded collaboration with Marvell to deliver Aviz's full software stack across the Marvell® Ethernet switching portfolio. The collaboration provides customers with a validated, production-ready SONiC-based solution that simplifies deployment and operations while enabling scalable, high-performance networking for AI infrastructure, cloud data.
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Marvell has already surged more than 200% this year, yet bulls are pushing price targets well past current levels as a major Investor Day announcement and a fresh analyst upgrade suggest the custom silicon story is accelerating faster than Wall
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Marvell Technology has quietly become one of the purest AI infrastructure plays in semiconductors, but the real question is whether its explosive run has already priced in the future or if a case exists for another 79% gain from here.
Read full articleSANTA CLARA, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the second-generation Marvell Structera X 3406 and Marvell Structera X 3506 CXL memory expanders, designed to help cloud, enterprise and AI infrastructure providers build more efficient, scalable and higher-performance systems for the next era of AI and computing. Designed to address the evolving needs of leading hyperscale datacenters, Structer.
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SAN JOSE, Calif.--(BUSINESS WIRE)--Aviz Networks, the networking software stack for building, observing and operating modern networks today announced an expanded collaboration with Marvell to deliver Aviz's full software stack across the Marvell® Ethernet switching portfolio. The collaboration provides customers with a validated, production-ready SONiC-based solution that simplifies deployment and operations while enabling scalable, high-performance networking for AI infrastructure, cloud data.
Read full article
Marvell has already surged more than 200% this year, yet bulls are pushing price targets well past current levels as a major Investor Day announcement and a fresh analyst upgrade suggest the custom silicon story is accelerating faster than Wall
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Marvell provided an update to its long-term outlook at its recent investor day. Interconnect and custom XPUs are the biggest growth drivers for the chipmaker.
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Though investors are increasingly turning to exchange-traded funds (ETFs) as evidenced by massive inflows in recent quarters, the fund landscape is so broad that many worthwhile strategies get overlooked. Looking beyond broad-based sector funds is one way investors can expand their horizons—indeed, some of the best performers in the ETF space take unusual approaches.
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Broadcom management called Q3 demand simply hot, and Marvell and AMD have already tripled in 2026 alone. The question now is whether three bold price targets for 2027 are ambitious or just the beginning.
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As AI processors get progressively more powerful, the equipment that connects them within and between data centers has to keep pace.
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Marvell Technology is upgraded to 'Buy' as management projects $70–90 billion in revenue by FY2031, far above consensus. MRVL benefits from robust AI-driven demand, especially through interconnect chips and custom XPUs, with Google as a key anchor customer. Management has raised guidance three times in four months, signaling likely outperformance versus analyst expectations in coming quarters.
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Bob Lang discusses de-risking as higher oil prices, rates and market complacency threaten the rally. He sees strength in tech and semiconductors, highlighting options activity in Marvell (MRVL), Broadcom (AVGO), Nvidia (NVDA) and Dell Technologies (DELL).
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