IBM is pivoting to hybrid AI infrastructure while Marvell Technology targets up to $90 billion in revenue by 2031 amid a broader industry shift toward inference workloads.
Marvell Technology aims to grow its custom silicon revenue to $30 billion by fiscal year 2031, supported by a major deal with Google and expansion in AI hardware.
Marvell has unveiled its second-generation Structera X CXL memory controllers, featuring industry-first support for six memory channels and sharing capabilities across four hosts.
Marvell Technology has unveiled its second-generation Structera X CXL memory expanders, featuring six-channel support and up to 9 TB of capacity for AI inference workloads.
Evercore ISI raised its price target for Marvell Technology to $433 following the company's announcement of ambitious long-term revenue goals driven by AI data center demand.
Marvell Technology has set a fiscal 2031 revenue target of $70 billion to $90 billion, following a record quarterly performance driven by data center demand.
Marvell Technology has increased its fiscal 2028 revenue outlook to $20 billion, citing strong demand for connectivity products and continued growth in the AI sector.
Marvell Technology unveiled 2nm optical interconnects and a 102.4T co-packaged optics platform at ECOC 2026 to support next-generation AI data center bandwidth requirements.
Marvell has unveiled a suite of 2nm optical technologies at ECOC 2026, targeting the scaling requirements of modern AI data centers.
GlobalFoundries and Marvell have signed an expanded multi-year agreement to boost silicon-germanium production capacity in the United States for AI data center optical components.
Marvell Technology is pivoting toward optical networking for AI infrastructure, targeting $30 billion in revenue over the next two fiscal years amid rising demand for high-speed connectivity.
