Marvell Technology soars on strong AI chip demand and bullish forecast

Name: Marvell Technology soars on strong AI chip demand and bullish forecast
Uploaded: 2026-03-06T20:44:33Z
Duration: 30 s
Description: Liz Claman reports that custom chipmaker Marvell Technology (MRVL) shares are up 18% and topping the Nasdaq. The company posted a fiscal fourth-quarter beat, driven by demand for its chips used in data centers, cloud computing, networking, and AI infrastructure. CEO Matt Murphy issued a bullish forecast, expecting revenue growth to accelerate each quarter through 2027, citing strong AI demand.

The Claman Countdown · FBN · Mar 6, 2026 · 30s

Sign Up Now

Already a subscriber?

Liz Claman reports that custom chipmaker Marvell Technology (MRVL) shares are up 18% and topping the Nasdaq. The company posted a fiscal fourth-quarter beat, driven by demand for its chips used in data centers, cloud computing, networking, and AI infrastructure. CEO Matt Murphy issued a bullish forecast, expecting revenue growth to accelerate each quarter through 2027, citing strong AI demand.