Marvell Technology is trading 4.23% up at ARS 27100.00 after management raised its combined fiscal 2027β2028 revenue outlook to approximately $30 billion, citing accelerating AI infrastructure demand.
- Current-year revenue is expected at about $12 billion and next yearβs at $18 billion.
- Data-center revenue is projected to exceed $15 billion.
- Major U.S. indexes are gaining more than 1%, supporting broader market strength.