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Will AI-Driven Custom Silicon Drive MRVL's Q2 Revenues Beyond $2B?
ZACKS· 2025-06-11 22:36
Key Takeaways MRVL projects Q2 revenues to be $2B ( /-5%), up 57.4% year over year and 5.5% sequentially. Custom AI silicon is now the largest driver of MRVL's fast-growing data center revenues. MRVL ramps investments in 2.5D packaging and custom ASICs to scale AI chip production.Marvell Technology (MRVL) delivered approximately $1.9 billion in revenues for the first quarter of fiscal 2026, up 63% year over year, driven by explosive growth in its Data Center end market. Management now forecasts its second ...