TREE NEWS update: Marvell Technology reported Q2 FY2027 revenue of $2.739B, beating estimates, with data center revenue up 46% YoY to 79% of total. Q3 guidance is 4% above consensus at $3.15B, signaling continued AI demand visibility. However, gross margin guidance dipped slightly, hinting at a higher mix of custom ASICs.
Marvell Q2 FY2027: Data Center Revenue Hits 79%, Q3 Guide Beats by 4%
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