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tz-plus logo Title: Marvell Technology doubles business with AI accelerators – Revenue explodes to $15 billion by 2028!

A. Zehetner
Reading Time: 4 minutes

Marvell was able to double its business with custom AI accelerators in 2026. Connectivity, switching, and storage products are also contributing to record revenues. Celestial AI serves the new and rapidly growing market for scale-up connections with an opportunity exceeding $10 billion by 2030. With an acceleration in growth, revenue is expected to rise from around $8 billion to $15 billion in two years. Net income is projected to increase from $2.84 to well over $5 per share by 2028. After a pullback to the 200-day moving average, a new...

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