MRVL changes
Pick any two versions below to diff them.
- Price
- $275.28 → $236.09(−14.2%)
- Discount category
- Below intrinsic value → Well below intrinsic value
- Recent events
- Oct added: 13, 2026: Marvell announced two new connectivity chips for AI data centers. The Alaska E retimer carries 3.2 terabits per second over 16 lanes of 224G signals. The second-generation Alaska A digital signal processor lets 1.6T copper cables reach more than six meters, about double the first generation. Both chips are sampling to customers. Marvell gave no production dates. Oct 6, 2026: At its Investor Day, Marvell raised its fiscal 2028 revenue outlook to about $20 billion, from about $18 billion. It raised its fiscal 2029 custom chip revenue outlook to more than $12 billion, from more than $10 billion. Management also set a path to $70 billion to $90 billion of annual revenue by fiscal 2031. Sep 21, 2026: At the ECOC 2026 optical-networking conference in Málaga, Spain, Marvell demonstrated 2-nanometer optical interconnect technology for AI data centers. The demonstrations included 800G and 1.6T pluggable optics and a 102.4-terabit co-packaged optics platform. Marvell gave no shipment dates. Sep 17, 2026: Marvell and GlobalFoundries expanded their multi-year deal for silicon germanium chip capacity at GlobalFoundries' plant in Burlington, Vermont. Marvell will use it for optical products such as pluggable optics and co-packaged optics. Aug 27, 2026: Marvell reported Q2 fiscal 2027 results. Revenue reached a company record of $2.74 billion, up 37% from a year earlier. Management raised the fiscal 2027 revenue outlook to about $12 billion, from about $11.5 billion, and the fiscal 2028 outlook to about $18 billion, from about $16.5 billion. It guided Q3 revenue to $3.15 billion, plus or minus 5%. Aug 19, 2026: Marvell disclosed an expanded custom chip agreement with Google. Google received a warrant for up to 59.0 million Marvell shares at $206.58 per share. Most of these shares vest only as Google buys custom products, one part for each $500 million of revenue, through fiscal 2033. Management said the added programs bring more revenue from fiscal 2029 onward.