Marvell hits record $2.739 billion revenue as AI-driven data center demand soars
The company raised its full-year outlook as custom silicon and optical interconnects outpace traditional segments of the business.
By RuntimeWire Staff · Published
Primary source: Marvell Technology
Marvell Technology posted a record-breaking $2.739 billion in revenue for fiscal Q2 2027, representing a 37% year-on-year increase and beating the mid-point of its own internal guidance. The results were fueled by a massive pivot toward AI infrastructure, with data center revenue growth accelerating to 46% year-over-year. The company reported non-GAAP net income of $865.9 million, or $0.94, narrowly clearing Street expectations of $0.93, while GAAP net income stood at $308.0 million.…