Marvell Raises FY2027-2028 Revenue Guidance to $12B, $18B; Google AI Chip Deal Could Generate $120B Over 6 Years, but Stock Falls 9.96% on August 28
According to Rosenblatt and Needham, Marvell Technology on Friday (August 28) raised its FY2027 and FY2028 revenue guidance by $500 million and $1.5 billion respectively, to $12 billion and $18 billion. The semiconductor company's partnership with Alphabet's Google could potentially generate up to $
MRVL-6.98%
GateNews·08-30 01:55
