Marvell Technology Group Ltd. Stock News

Marvell Technology delivered strong FQ1 results, driven by 76% YoY data center revenue growth, but near-term growth may have peaked. Revenue concentration in Amazon and the delayed Microsoft ramp create execution risks, especially as AI CapEx plans face uncertainty. Valuation has normalized, offering an attractive risk/reward for long-term investors despite the potential for sideways price action.

Marvell Technology Inc (NASDAQ: MRVL) came in marginally above Street estimates for its fiscal Q1 on “strong AI demand in the data-center end market.” Additionally, the semiconductor giant guided for “continued strong growth” in its current quarter as well on Friday.

The company's earnings didn't dispel concerns it might lose out on designing Amazon's Trainium AI chips. Still, analysts are upbeat.

Marvell Technology (NASDAQ:MRVL), a firm focused on manufacturing semiconductor integrated circuits for data centers, has recently revealed its Q1 fiscal 2026 results. The company slightly surpassed analyst predictions, disclosing earnings of $0.62 per share on revenues of $1.9 billion, compared to consensus estimates of $0.61 and $1.88 billion, respectively.

Marvell Technology, Inc. (NASDAQ:MRVL ) Q1 2026 Earnings Conference Call May 29, 2025 4:45 PM ET Company Participants Ashish Saran - Senior Vice President, Investor Relations Matt Murphy - Chairman and Chief Executive Officer Willem Meintjes - Chief Financial Officer Conference Call Participants Vivek Arya - Bank of America Ross Seymore - Deutsche Bank Tore Svanberg - Stifel Timothy Arcuri - UB...

Marvell Technology Inc. delivered fiscal first-quarter results in line with expectations — but the latest numbers may be less important than the company's upcoming commentary, as some analysts on Wall Street remain uncertain about Marvell's business with Amazon.com.

Chipmaker Marvell Technology edged above estimates for its fiscal first quarter and with its outlook for the current period. But Marvell stock fell.

Marvell Technology forecast second-quarter revenue above Wall Street estimates on Thursday, betting on robust demand for custom chips powering artificial intelligence workloads in data centers.