Marvell Technology stock costs EUR 211.13 at a USD 199.5 billion value
π Marvell Technology reported fiscal Q2 2027 revenue of USD 2.74 billion, a 37% year-over-year increase.
π° The company generated USD 308.0 million in net income and USD 605.5 million in operating cash flow for the quarter.
π Marvell raised its fiscal 2028 revenue guidance to USD 20.0 billion from a previous estimate of USD 18.0 billion.
π¬ New 3.2T retimer and 1.6T DSP products are sampling to customers for AI infrastructure applications.
π» The new silicon targets high-bandwidth 224G-per-lane connectivity and power efficiency in AI racks.
π Marvell is scheduled to pay a quarterly dividend on October 29, 2026.
π As of October 19, 2026, the stock traded at EUR 211.13 with a market cap of USD 199.5 billion.
- Marvell Technology achieved a robust 37% year-over-year revenue growth to USD 2.74 billion in fiscal Q2 2027.
- The company successfully raised its full-year fiscal 2028 revenue outlook to USD 20.0 billion, signaling strong demand visibility.
- Marvell introduced advanced 3.2T and 1.6T silicon products sampling to customers, targeting critical AI infrastructure needs.
- Strong operating cash flow of USD 605.5 million demonstrates healthy liquidity alongside the revenue beat.