MRVL Stock Recent News

Marvell Technology reported mixed 2Q FY2026 earnings and guided flat sequential Data Center revenue in 3Q due to custom shipment timing, but management views this as a one-time issue. The company expects a significant rebound in custom revenue in 4Q compared to 3Q, with 2H FY2026 Data Center revenue expected to be stronger than 1H. Management aims to capture 20% of a $94 billion Data Center TAM by FY2029, up from 13% of $33 billion in FY2025, a target that the market has largely discounted.

Marvell is transforming into a pure-play AI data center enabler, reallocating resources to high-growth custom silicon and interconnect verticals. The company is uniquely positioned to benefit from hyperscalers' need for custom chips, leveraging its deep IP and design expertise. Despite a premium valuation, Marvell's rapid revenue growth and expanding margins set up an asymmetric long-term opportunity.

Marvell Technology (NASDAQ:MRVL) has been one of the tech sectors more puzzling stories this year. Despite delivering record second quarter results and showing signs of building a niche for itself in AI infrastructure, the stock has slumped 43% year-to-date - including a 15% slide in the last week - after management issued a cautious outlook for its data center business.

Over the last few years, Marvell Technology NASDAQ: MRVL has become one of the in-vogue stocks among investors when it comes to placing bets on the artificial intelligence (AI) revolution.

Artificial intelligence (AI) has been the driving force behind the current bull market. Big tech is spending hundreds of billions of dollars to build out infrastructure as just about every business looks into the potential to use generative AI to improve its products and operations.

Marvell Technology, Inc. (NASDAQ:MRVL ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 9:30 AM EDT Company Participants Matthew Murphy - CEO & Chairman Willem Meintjes - Executive VP & CFO Conference Call Participants Atif Malik - Citigroup Inc., Research Division Presentation Atif Malik Director and Semiconductor Capital Equipment & Specialty Semiconductor Analyst My name is Atif Malik. I cover U.S. semiconductors, semiconductor equipment and networking equipment stocks at Citi.

Marvell Technology posts strong Q2 earnings on AI-driven data center gains, but margin pressure and fierce competition keep the stock a hold.

Marvell (MRVL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Marvell's Q2 results met guidance, but flat data center growth in Q3 and XPU digestion disappointed, causing a sharp stock correction. Despite leadership changes and Amazon-related uncertainty, I see the price correction as exaggerated and maintain a Buy rating for now. Valuation is attractive versus peers, but sustained margin improvement and successful chip ramps are needed for a re-rating.

MRVL's post-earnings selloff is a market overreaction, creating a rare value opportunity in AI infrastructure with a PEG of just 0.70. AI infrastructure is not a zero-sum game; Marvell can thrive alongside Broadcom as the market expands rapidly, especially in custom silicon and electro-optics. The company's custom silicon and electro-optics businesses are industry-leading, with strong growth, high margins, and multi-year revenue visibility.