Marvell Technology CEO Matthew Murphy has outlined revenue projections rising from approximately $8.2B in FY2026 to roughly $11.5B in FY2027, representing around 40% year-over-year growth, with FY2028 projected at approximately $16.5B, a further 45% increase. The data center segment, which crossed $6B in FY2026 with 46% year-over-year growth, is the primary growth driver, with interconnects expected to grow over 70% in FY2027 and custom silicon (XPU) projected to more than double by FY2028. Q2 FY2027 earnings, reported on August 27, 2026, showed record revenue of $2.739B, up 37% year-over-year, prompting upward revisions to full-year and forward-year projections.
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