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HomeBusinessMarvell raises 2028 revenue forecast on strong AI data center demand

Marvell raises 2028 revenue forecast on strong AI data center demand

Oct 6: Marvell raised its 2028 revenue forecast to about $20 billion on Tuesday, citing strong demand for its chips used in data centers. Shares of the company rose nearly 9 per cent in early trading. The stock has more than tripled in value so far this year. Marvell had forecast $18 billion in revenue

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