Marvell Technology, Inc. Common Stock The Six Five Summit: AI Unleashed 2026

We are kicking off with Matt Murphy from Marvell on where AI silicon is heading, then across four tracks: connected intelligent edge and networks, AI devices, enterprise AI software and agents, sustainability. We are going to hear how AI is moving out of the data center and into the network, the endpoint, and the application layer. Pat, you've been beating the drum on this for a year. Compute, it's being solved. You could say maybe it's been solved. It made NVIDIA a $5 trillion company. Memory, it's being solved. The memory wall remains, but we're making progress there. Connectivity is the new bottleneck. Jensen literally crashed Matt Murphy's Computex keynote to call Marvell the next trillion-dollar company. So frame day 2 for us. What does it mean when the wire between the chips, what connects the chips, becomes every bit as important as the chips themselves?

Absolutely. We've only touched on the power of physical AI, robotics, autonomy, but of course, today we're going to get a little bit more on that. And then, of course, we're even going to have the energy conversation in our sustainability track.

All right. Well, let's everybody welcome Matt Murphy to the stage.

Hey, thanks, Pat. Great to be here.

Hi, Dan. Hey, Matt. It's been a minute, but you're a wily veteran of the show, so it's great to have you back here.

You kind of heard Pat in the setup. Look, it's all the things, and if you look at Marvell's, your M&A and your building over the last few years, it seems like you were kind of playing all the right cards. As we keep talking about where is the constraint, and you guys are playing in all of them.

Yeah. But look, let's start at a high level.

We are in the middle of the largest infrastructure build-out in history. Probably the largest technological revolution that any three of us young men will experience in our lifetime. From where you sit in the ecosystem, right in the middle of the action, curious, what is your overall observations of this transformation that's going on, and do you think people are actually underestimating this even still, as big as this is getting?

Yeah. Well, again, great to be here, and I think a couple of things to think about. I think the first is we've been on basically a 10-year journey here at Marvell. We made a pivot to what we called the data infrastructure market, which we kind of named 10 years ago. That really didn't exist as a sort of a semiconductor end market. But the belief we had basically was that all these millions and millions and billions of units of devices that had shipped and had created data, were going to create a whole bunch of data that was going to need to get sorted through and monetized and ultimately transmitted and moved around and stored. And at that time, the advent of cloud computing and data center technology was really taking off. So that's where we pivoted the company.

It was less than 10% of our revenue back then, and it'll be 80-plus percent of our revenue, not in the too near future, and the company has grown over 5x over that period. So it's not a new thing for us. But I think to your point, the AI application became kind of the killer app of data infrastructure. And while it feels like we're at the top here or can it keep going, I think we've all felt that way since ChatGPT dropped back in the end of 2022. So from our standpoint and what I see in the market, being in this business day in and day out, we are still at the very, very early stages of the deployments.