Marvell Technology CEO Says Remain Confident That Custom Chip Business Will More Than Double YoY In Fiscal 2028 And Accelerate Significantly In Fiscal 2029; Revenue From Programs Covered By Warrant Agreement With Google Through FY 2028 Is Already Reflected In The Overall Custom Revenue Target We Have Previously Provided
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Why It Matters
Marvell's CEO believes their custom chip business (special chips made for big customers) will grow a lot bigger over the next couple years. When a leader sounds confident about future growth, it can hint the company thinks their products are becoming more valuable.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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