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Marvell Boosts AI Guidance as Data Center and Custom Silicon Demand Explodes

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The Story

News Summary

  • Marvell reported robust Q2 earnings with revenue surging 37% year-over-year to $2.74 billion, driven by data center and custom silicon growth.
  • Management raised multi-year revenue projections and secured massive hyperscaler contracts, signaling continued acceleration across the broader AI networking and semiconductor market.
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AVGO price history

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