Marvell Lifts 2028 Sales Forecast on AI Data Center Demand

Marvell Technology raised its 2028 revenue (sales) forecast at its October 6 Investor Day in New York City, citing strong demand for AI data centers, Reuters reported. Chairman and CEO Matt Murphy gave the update. For savers, treat a two-year target as ambition, not cash in hand — it depends on data-center spending holding up.