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Investor Day

Marvell Raises Its AI Growth Ambition With a $70 Billion-to-$90 Billion 2031 Revenue Target

The chip designer lifted its fiscal 2028 outlook to roughly $20 billion and laid out a much larger long-range goal built on custom silicon and data-center connectivity.

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By Tomás Videla

Oct 6, 2026 · 4 min read

Marvell Technology set a substantially higher long-range growth target at its investor day Tuesday, betting that custom artificial-intelligence chips and the networking components connecting large data centers will drive a sharp expansion through the end of the decade.

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Tomás Videla

Tomás writes about growth-stage companies, compensation and the private markets that fund them.

Tomás writes about growth-stage companies, compensation and the private markets that fund them.

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