MRVL posts strong Q3 fiscal 2026 growth and sees data center momentum driving its fiscal 2027 outlook.
Marvell Technology is capitalizing on the AI boom with its $3.25B acquisition of Celestial AI, enhancing its high-speed networking and custom chip portfolio. MRVL expects AI-driven data center revenue growth of 45% in FY2026 and 40% in FY2028, supported by multiple design wins with major hyperscalers and deepened AWS engagement. Despite robust growth and upgraded earnings estimates, MRVL trades at a reasonable 30x forward P/E versus peers, reflecting market caution on execution and further hyperscaler wins.
Marvell Technology (MRVL) is making headlines after exceeding its Q3 expectations on Tuesday evening and announcing the acquisition of private semiconductor startup Celestial AI.
| - Industry | - Sector | Matthew J. Murphy CEO | LSE Exchange | US5738741041 ISIN |
| US Country | 7,042 Employees | 10 Oct 2025 Last Dividend | 25 Jul 2006 Last Split | 27 Jun 2000 IPO Date |
Marvell Technology, Inc., along with its subsidiaries, is at the forefront of providing semiconductor solutions that are pivotal for data infrastructure, catering to demands from the core of data centers to the network edge. Founded in 1995 and based in Wilmington, Delaware, Marvell has carved its niche by developing Sophisticated System-on-a-Chip architectures that incorporate a blend of analog, mixed-signal, and digital signal processing functionalities. With a global footprint extending across the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam, Marvell is committed to innovating at the junction of hardware and software, enabling the seamless transfer and storage of data across a multitude of applications.
Marvell offers an extensive range of Ethernet products that include controllers, network adapters, physical transceivers, and switches. These solutions are essential for setting up efficient and reliable networks, enabling high-speed data exchange and connectivity across various devices and the internet.
The company produces single or multiple core processors that are the backbone of computing devices. These processors empower devices to handle complex computations, manage multiple tasks simultaneously, and support software applications.
Marvell designs custom Application Specific Integrated Circuits (ASICs) tailored to meet the specific needs of its customers. These specialized chips are optimized for particular uses, providing performance and efficiency advantages in custom applications.
This category includes pulse amplitude modulations, coherent digital signal processors, laser drivers, trans-impedance amplifiers, silicon photonics, and data center interconnect solutions. These products play a critical role in facilitating fast and efficient optical data transmission, crucial for high-speed internet and data center operations.
Marvell offers Fibre Channel products like host bus adapters and controllers, which are vital for building high-speed storage area networks. These components help servers to connect to storage networks, enabling swift and secure data access and transfer.
The company's storage controllers for hard disk drives (HDDs) and solid-state drives (SSDs) enhance the performance and reliability of storage solutions. They manage the read and write operations on the storage devices, ensuring data integrity and quick access to stored information.
Marvell provides a variety of interfaces, including Serial Attached SCSI (SAS), Serial Advanced Technology Attachment (SATA), Peripheral Component Interconnect Express (PCIe), Non-Volatile Memory Express (NVMe), and NVMe over Fabrics. These interfaces are designed to improve the communication between the storage systems and the host computers, affecting the speed and efficiency of data processing and storage.