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Marvell stock surges 241% on hyperscaler trust

9/9/2026

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Story summary
  • Marvell Technology CEO Matt Murphy said trust with hyperscalers drove a 241% share surge.
  • Marvell’s stock rose about 241% in 12 months, while Broadcom gained 6.6%.
  • Marvell announced a multi-year technology supply agreement with Google in August.
  • Marvell partnered with Nvidia in March to deepen AI ties.
  • FactSet projects Marvell’s data-center revenue to grow 60% in fiscal 2027 and 61% in fiscal 2028.