The semiconductor company said it now expects full-year revenue in fiscal 2027 to grow more than 30% from the prior year, approaching $11 billion.
MRVL has risen 15% in pre-market trading after increasing its Q1 revenue forecast to $2.4B compared to $2.28B consensus, indicating accelerating growth through FY27.
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Demand for memory and storage products continues to be incredibly high, and that bodes well for Micron.
CNBC's Kristina Partsinevelos reports on Marvell Technology's latest earnings report.
There is definitely an opportunity for boards to more fully engage in managing their organizations’ technology risks through committees, dashboards and more.