Marvell raises 2028 revenue outlook to US$20 billion as AI connectivity expands
Marvell Technology is betting that the next phase of AI infrastructure growth will require substantially more networking and optical connectivity, raising its fiscal 2028 revenue outlook to approximately US$20 billion and setting a fiscal 2031 target of US$70 billion to US$90 billion. The company's strategy centers on extending existing hyperscaler relationships across switches, optics, and custom chips surrounding AI processors.
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