MRVL changes
Pick any two versions below to diff them.
- Price
- $275.28 → $227.83(−17.2%)
- Discount
- 23.5% → 36.7%(+13.2 pts)
- LSEG rating
- 1.87 → 1.85(−0.02)
- Recent events
- 2026-10-13: Marvell announced two new connectivity chips for AI data centers. The Alaska E retimer carries 3.2 terabits per second over 16 lanes of 224G signals. The second-generation Alaska A digital signal processor lets 1.6T copper cables reach more than six meters, about double the first generation. Both chips are sampling to customers. Marvell gave no production dates. 2026-10-06: At its Investor Day, Marvell raised its fiscal 2028 revenue outlook to about $20 billion, from about $18 billion. It raised its fiscal 2029 custom chip revenue outlook to more than $12 billion, from more than $10 billion. Management also set a path to $70 billion to $90 billion of annual revenue by fiscal 2031. 2026-09-21: At the ECOC 2026 optical-networking conference in Málaga, Spain, Marvell demonstrated 2-nanometer optical interconnect technology for AI data centers. The demonstrations included 800G and 1.6T pluggable optics and a 102.4-terabit co-packaged optics platform. Marvell gave no shipment dates. 2026-09-17: Marvell and GlobalFoundries expanded their multi-year deal for silicon germanium chip capacity at GlobalFoundries' plant in Burlington, Vermont. Marvell will use it for optical products such as pluggable optics and co-packaged optics. 2026-08-27: Marvell reported Q2 fiscal 2027 results. Revenue reached a company record of $2.74 billion, up 37% from a year earlier. Management raised the fiscal 2027 revenue outlook to about $12 billion, from about $11.5 billion, and the fiscal 2028 outlook to about $18 billion, from about $16.5 billion. It guided Q3 revenue to $3.15 billion, plus or minus 5%. 2026-08-19: Marvell disclosed an expanded custom chip agreement with Google. Google received a warrant for up to 59.0 million Marvell shares at $206.58 per share. Most of these shares vest only as Google buys custom products, one part for each $500 million of revenue, through fiscal 2033. Management said the added programs bring more revenue from fiscal 2029 onward.