Marvell’s (MRVL) Data Center Machine Keeps Rewriting Its Own Forecast

Marvell announced second-quarter fiscal 2027 results on August 27, posting record revenue of $2.739 billion, representing 37% year-over-year growth. Data center sales climbed 46% year over year to reach $2.17 billion, accounting for 79% of total company revenue. The chipmaker raised its full-year outlook for the second consecutive quarter, signaling accelerating momentum in its core business segments.
Management increased fiscal 2027 revenue expectations to approximately $12 billion from the pr