Key Takeaways Marvell's non-GAAP operating margin rose 870 bps YoY to 34.8% in Q2 fiscal 2026.EPS surged 123% YoY, outpacing revenue growth as cost cuts boosted leverage.AI chip demand and 2.5D packaging platform drive Marvell's next-generation expansion.Marvell Technology’s (MRVL) non-GAAP operating margin expanded a whopping 870 basis points year over year, marking 34.8%. On its second-quarter fiscal 2026 earnings call, the company highlighted that non-GAAP earnings per diluted share rose 123% year over y ...

Key Takeaways Marvell Technology's Q2 EPS surged 123% YoY on $2.01B revenues, up 58% year over year.Data center sales jumped 69% YoY to $1.49B, led by custom AI silicon and electro-optics.Gross margin fell to 59.4% as higher chip costs and rivalry from AVGO, AMD and MU weighed.Marvell Technology (MRVL) has delivered robust second-quarter fiscal 2026 results, driven by traction in custom AI silicon and electro-optics offerings, boosting its data center revenues. The company also experienced recovery in Enter ...