Latest Marvell Technology News & Updates

See the latest news and media coverage for Marvell. We track all announcements, press releases, and industry mentions in real time, all in one place.

Marvell Technology (Marvell)

Data infrastructure technology provider

marvell.com

Headquarters: Santa Clara, United States
Company type: Public company
Number of employees: 10,000–12,000
Industry: Semiconductors

Last updated October 28

Latest news about Marvell Technology (Marvell)

In short: Marvell reportedly considered acquiring Lumentum and set a $30 billion FY2031 custom-silicon target.

Company announcements

October 6 Marvell

Marvell shares its investor day outlook

Dave Lazovsky and Will Chu discussed the $80 billion fiscal 31 forecast, highlighting custom silicon and the shift toward inference.

October 1 Marvell

Marvell outlines AI infrastructure connectivity strategy

Chairman CEO Matt Murphy highlights a $400B TAM by 2030, raised FY28 outlook, and new long-term guidance.

August 28 Marvell

Marvell reports Q2 fiscal 2026 financial results

Net revenue reached $5.16 billion for the six-month period, driven by strong data center demand and acquisitions of Celestial AI and XConn Technologies.

August 27 Marvell

Marvell reports record second quarter fiscal 2027 revenue of $2.739 billion

Non-GAAP net income reached $865.9 million, driven by robust data center demand. Management raised annual guidance and projects $3.15 billion revenue for the upcoming quarter.

Media coverage

October 28 Bloomberg

Marvell Is Said to Near Deal for Lumentum In AI-Related Megadeal

Marvell Technology Inc. is in advanced talks to buy data center optics maker Lumentum Holdings Inc., according to people familiar with the matter, a potential...

October 7 Crypto Briefing

Marvell targets $30 billion in custom silicon revenue by FY2031

Marvell targets approximately $30 billion in custom silicon revenue by FY2031, up from about $1.5 billion, backed by a major Google TPU deal.

October 6 Yahoo Finance

Marvell Now Sees as Much as $90 Billion in Annual Sales by Fiscal 2031. Here s Why It s a Chip Stock to Buy.

The top of the chipmaker's latest target is around 11 times its sales from last fiscal year. How...

October 6 Crypto Briefing

Marvell impresses Wall Street with strong earnings and a much bigger long-term outlook

Marvell posted record Q2 revenue of $2.74 billion and raised its fiscal 2031 target to $70-90 billion, sending MRVL up nearly 8% intraday.

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