Marvell Raises 2028 Revenue Forecast on AI Data Center Demand

Marvell Technology raised its 2028 revenue forecast at its October 6 Investor Day in New York City, citing strong AI data center demand, according to Reuters. Chairman and CEO Matt Murphy delivered the update. For savers and investors, I’d treat a two-year target as ambition, not cash in hand — it hinges on data-center spending holding up.