Marvell Technology is trading at ARS 26700.00, up +4.46% after CEO Matt Murphy raised the combined fiscal 2027–2028 revenue outlook to $30 billion, citing accelerating AI infrastructure demand.
- The company expects approximately $12 billion in current-year revenue and $18 billion in the following fiscal period.
- The advance is notable despite semiconductor weakness and broader market pressure from hotter inflation data and higher yields.