Marvell says Data Center revenue now exceeds $2B per quarter, up from under 10% of revenue
Marvell Technology disclosed that its Data Center business has grown from less than 10% of revenue to a path toward 80%+, with Data Center revenue now north of $2B per quarter, versus projecting just $200M of AI revenue in 2023. The disclosure came ahead of Marvell's earnings report after the close on August 27, 2026.
Detected & updated continuously · Source: Nebula
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@stocksnipa
Marvell Technologies $MRVL says its Data Center business has gone from less than 10% of revenue to a path toward 80%+🤖 CEO Matt Murphy says Data Center revenue is now north of $2B per quarter, versus Marvell projecting just $200M of AI revenue in 2023. https://t.co/4oVYF30ruk
@schaeffers
One of 2026's biggest AI winners faces its next test today. Marvell $MRVL: +183% YTD The stock has finished higher after 5 of its last 8 earnings reports, including an 18.6% March pop. This time, options are pricing in ±13.6%. https://t.co/3Jb3GMcXaG