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Marvell Technology Surges: 60% Revenue Growth in AI Boom

10/11/2025

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Summary

Story summary

Marvell Technology is experiencing a resurgence driven by its ASICs for AI and data centers.
In the first half of fiscal 2026, revenue rose 60% to $3.9 billion, with 36% annual growth projected.
Despite a recent revenue miss and stock volatility, Marvell trades with a forward price-to-earnings ratio (P/E) of 32.
Investors should view Marvell as a bargain given net income of $373 million, a turnaround from last year's losses.

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Story summary

Marvell Technology is experiencing a resurgence driven by its ASICs for AI and data centers.
In the first half of fiscal 2026, revenue rose 60% to $3.9 billion, with 36% annual growth projected.
Despite a recent revenue miss and stock volatility, Marvell trades with a forward price-to-earnings ratio (P/E) of 32.
Investors should view Marvell as a bargain given net income of $373 million, a turnaround from last year's losses.