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home / news releases / marvell technology potential upcycle coming ahead in

MRVL - Marvell Technology: Potential Upcycle Coming Ahead In FY 2026

Marvell Technology Inc.

2024-04-13 01:27:14 ET

Summary

  • My recommendation is a buy as I expect the worst of the cycle to be over and strong growth expected in FY26.
  • The company's data center business, particularly in cloud infrastructure and AI, is a key driver of long-term growth.
  • MRVL's cloud custom silicon business is also expected to exceed the $800 million target run rate by the end of CY2024.

Investment summary

For further details see:

Marvell Technology: Potential Upcycle Coming Ahead In FY 2026
Stock Information
Company Name: Marvell Technology Inc.
Stock Symbol: MRVL
Market: NASDAQ
Website: marvell.com
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