Chipmaker Marvell has revised its revenue forecast upward for 2028, citing surging demand for AI-driven data center solutions as a key growth driver. The company attributes its optimism to accelerating adoption of high-performance networking and storage technologies in artificial intelligence infrastructure. Analysts note the shift reflects broader industry trends toward AI acceleration in cloud computing and enterprise data processing. Investors will watch closely as the forecast highlights the expanding role of specialized hardware in powering next-generation AI workloads.
Marvell raises 2028 revenue forecast on strong AI data center demand Reuters