Marvell Technology forecasts quarterly revenue above estimates
MRVL•Revenue forecast tops estimates
Marvell Technology MRVL.O forecast quarterly revenue above estimates on Thursday, a sign of strong demand for its custom chips and networking gear used in AI data centers.
The company expects third-quarter revenue of $3.15 billion, plus or minus 5%, compared with analysts' average estimate of $3.03 billion, according to data compiled by LSEG.




