Marvell CEO guides FY28 revenue to about $20B, up from prior $18B outlook

Marvell CEO Matt Murphy guided FY28 total revenue to about $20 billion at the company's investor day, up from a prior $18 billion outlook and above consensus of $18.2 billion, implying roughly 67% year-over-year growth. Marvell shares rose nearly 10% in premarket trading.

Detected & updated continuously · Source: Nebula