✉news TechnologyTechnology first seen 11 h ago, last 37 min ago, peak #1
Marvell raises 2028 revenue forecast on AI demand
Original: Marvell raises 2028 revenue forecast on strong AI data center demand
Chipmaker Marvell Technology has raised its long-term revenue forecast for fiscal 2028, citing strong demand for its data center products driven by artificial intelligence infrastructure buildout. The company issued the updated guidance at an investor event, and the news was picked up by Reuters and other outlets. Investors are watching Marvell as a key supplier of custom chips for AI data centers alongside larger rivals like Nvidia.
Why now: AI-related chipmakers are attracting intense investor attention, and upgraded revenue guidance signals confidence in continued AI infrastructure spending
Rank over time, top of the chart is #1. 16 snapshots from 11 h ago to 37 min ago.
Evidence
- Marvell raises 2028 revenue forecast on strong AI data center demand · Reuters
- Marvell raises 2028 revenue forecast on strong AI data center demand · WHBL News
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