ChipsSeeking Alphaabout 3 hours ago
Marvell: Set To Win From Hyperscalers' Custom Chip Programs
1 min read
Marvell expects custom chip revenue to reach $10B over three years from current $1.6B in TTM revenue. Hyperscalers drive demand for MRVL's networking and advanced packaging IP. Revenue grows 45% YoY with operating expenses rising mid-teens, enabling nearly 400bps margin expansion in two years.
Level
Hype check
Tap to vote and see what everyone thinks.
