StockNow
Calendar
Log in
U.S. MarketsIMPORTANT

Marvell (MRVL) says that data centre has expanded from less than 10% of revenue when the strategy was established in 2017; this reflects the co's deliberate shift away from its former consumer-electronics concentration

StockNow breaking-news AI analysis

Marvell reported updated FY28 revenue expectations, a FY31 revenue range, and an approximately USD 400 billion addressable market by 2030, alongside a stated shift in business mix.

News detail

We see an approx. USD 400bln total addressable market for the Co. by 2030. Expects approx. USD 20bln in total company revenue in FY28 (prev. saw USD 15bln). Expects FY31 total revenue between USD 70-90bln.

1 stocks
MRVLMarvell Technology, Inc. Common Stock$291.42Current price

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
U.S. Economy

US ADP Employment Change Weekly 23.75K (Prev. 20K)

ADPGeopolitics

Qatari Foreign Ministry spokesperson says contacts and visits are ongoing in an effort to achieve progress in talks between the US and Iran, Al Jazeera reports

Geopolitics

Iranian Minister says talks with the Emir of Qatar were “constructive”; Iranian Interior Minister Momeni says he will convey the Qatari Emir’s views on regional developments to President Pezeshkian