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Marvell Beats Targets and Signals Massive Google Custom AI ASIC Boom

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Marvell posted strong Q2 results and raised forward guidance, driven by accelerating AI data center demand.
  • Management highlighted surging optical networking adoption and a massive multi-year custom silicon agreement with Google for TPU accelerators and attached silicon, signaling sustained hyperscale AI capital expenditure.
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