https://www.live-feeds.com/feed/marvell-q2-fy2027-earnings-record-revenue-raised-guidanceContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/marvell-q2-fy2027-earnings-record-revenue-raised-guidancehttps://www.live-feeds.com/feed/marvell-q2-fy2027-earnings-record-revenue-raised-guidance#u54315Wed, 02 Sep 2026 03:35:14 +0000Marvell Technology reported record second-quarter fiscal 2027 revenue of $2.739 billion, a 37% increase year over year. Data center sales drove this growth, climbing 46% to $2.17 billion. The company raised its full-year fiscal 2027 outlook to approximately $12 billion and set a long-term revenue target of $18 billion for its data center chip business by 2028. Despite beating forecasts for Q2 results and Q3 guidance, the company's stock price declined as investor expectations remained high.Why it mattersThe results reflect a broader shift where AI spending is flowing toward hardware manuf https://www.live-feeds.com/feed/marvell-q2-fy2027-earnings-record-revenue-raised-guidancehttps://www.live-feeds.com/feed/marvell-q2-fy2027-earnings-record-revenue-raised-guidance#u51394Sat, 29 Aug 2026 06:40:29 +0000Marvell Technology achieved record revenue and exceeded forecasts for the second quarter of fiscal 2027, driven by strong AI demand. The company increased its full-year revenue outlook to approximately $12 billion as growth accelerates in custom silicon, switching, and interconnects. Despite these results, Marvell shares declined following the announcement. Market reaction suggests investor expectations outweighed the solid earnings report, while the growth outlook failed to satisfy some analysts. Data center revenue surged 46% year over year, outstripping the company's overall growth rat