Marvell Technology Forecasts $1.8B AI Revenue by 2026 Amid Strong Demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
0mins
Source: Benzinga
- Strong AI Demand: A JPMorgan analyst noted that Marvell's AI outlook remains optimistic, with short-term bookings described as 'on fire', indicating the company's sustained competitiveness in the AI market.
- Data Center Growth: Management expects the data center business to grow approximately 25% in 2026 and accelerate to 40% in 2027, which will provide ongoing revenue growth for the company.
- Custom AI Chips Driving Revenue: Marvell anticipates custom AI revenues of around $1.8 billion in 2026, a 20% year-over-year increase, and expects this to double to $3.6 billion in 2027, reflecting strong market demand.
- Networking Momentum: Marvell's optical networking revenues are growing faster than overall data center capex, with expected switching silicon revenue of $500 million this year, further solidifying the company's market position.
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Analyst Views on MRVL
Wall Street analysts forecast MRVL stock price to fall
30 Analyst Rating
22 Buy
8 Hold
0 Sell
Moderate Buy
Current: 190.690
Low
85.00
Averages
120.12
High
156.00
Current: 190.690
Low
85.00
Averages
120.12
High
156.00
About MRVL
Marvell Technology, Inc. together with its consolidated subsidiaries, is a supplier of data infrastructure semiconductor solutions, spanning the data center core to network edge. It is engaged in the design, development and sale of integrated circuits. Its product offerings include custom application-specific integrated circuits (ASICs), interconnects, ethernet solutions, fiber channel adapters, processors and storage controllers. In addition, it is also developing Ultra Accelerator LinkTM (UALinkTM) switches and ethernet for scale-up networking (ESUN) switches for the emerging scale-out artificial intelligence market. Its solutions integrate multiple analogs, mixed-signal and digital intellectual property components incorporating hardware, firmware and software technologies and its system knowledge to provide its customers with integrated solutions for their end products. It designs and manufactures photonic integrated circuits for ultra-high-bandwidth and low-power applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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