Marvell Forecasts $16.5 Billion in Fiscal 2028 Revenue with Expanded NVIDIA Partnership
Marvell Technology (MRVL) reported record revenue of $2.418 billion for Q1 fiscal 2027 and non-GAAP earnings per share of $0.80, while forecasting total revenue to reach $16.5 billion by fiscal 2028. The company also announced a $1 billion investment in capacity prepayments and an expanded partnership with NVIDIA.
Tickers: $MRVL