Better Buy After the Semiconductor Sell-Off: Marvell or Broadcom?

Marvell Technology reports 40% revenue growth guidance for fiscal 2027, up from previous quarter, citing strong AI-related bookings. The company achieved $2.4 billion in revenue for its fiscal first quarter ending May 2, 2026, with data center sales accounting for over 75% of total revenue. CEO Matt Murphy stated revenue outlooks for both fiscal 2027 and 2028 were significantly raised. Broadcom declined 12% on Thursday and 15% on Friday after its AI chip sales outlook fell short of expectations.