Marvell Stock Rallies as AI Demand Lifts 2028 Revenue Target to $20 Billion
Marvell’s MRVL shares rallied as the chipmaker targeted $20 billion in fiscal 2028 revenue and $70–90 billion by fiscal 2031 on growing AI demand.
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Marvell’s MRVL shares rallied as the chipmaker targeted $20 billion in fiscal 2028 revenue and $70–90 billion by fiscal 2031 on growing AI demand.
Qualcomm announced a bold push into AI infrastructure with two new chips AI200 and AI250 targeting rack-scale data-center workloads and rivaling leaders like Nvidia and AMD.