The increase in our revenue outlook continues to be driven by our data center business, which we now expect to grow approximately 50% this fiscal year.

Aug 27, 2026 / receipt

For fiscal 2027, we expect non-GAAP operating expense of approximately 2.45 billion, which includes the acquisition of Celestial AI and XCON,

Aug 27, 2026 / receipt

Notably, we expect our interconnect business to grow more than 70% year over year, well above our prior expectation of 50% growth.

Aug 27, 2026 / receipt

5G expansion in new geos spurred robust OCTEON™ product demand.

ir_statement / Sep 17, 2026 / receipt

Enterprise modernization drove strong Marvell custom ASIC ramp.

ir_statement / Sep 17, 2026 / receipt

Growing AI deployments drove higher optical interconnect product demand.

ir_statement / Sep 17, 2026 / receipt

AI revenue to at least double in FY24 from ~$200M in FY23, double again in FY25.

ir_statement / Sep 17, 2026 / receipt

Forecast non-GAAP GM to return to low end of 64% to 66% target range in Q4.

ir_statement / Sep 17, 2026 / receipt

Guided Q2 revenue to $1,330M at midpoint, expect growth to accelerate in 2H.

ir_statement / Sep 17, 2026 / receipt

Carrier infra revenue grew 15% YoY, driven by 5G adoption in new geo regions.

ir_statement / Sep 17, 2026 / receipt

AI demand increased, now expect to exit FY24 at >$200M quarterly run rate.

ir_statement / Sep 17, 2026 / receipt

Guided accelerated sequential revenue growth in Q3.

ir_statement / Sep 17, 2026 / receipt

Revenue expected to be down on softer enterprise demand following three straight quarters of growth

ir_statement / Sep 17, 2026 / receipt

Altogether, these changes are expected to lower annual operating expenses by $180-200 million.

ir_statement / Sep 17, 2026 / receipt

Divesting non-strategic businesses with approximately $60 million in operating expenses and $100 million in revenue, based on a first half of fiscal 2017 annualized run rate.

ir_statement / Sep 17, 2026 / receipt