Chipmaker Marvell forecasts second-quarter revenue above estimates
ReutersMay 29, 2025 8:11 PM
May 29 (Reuters) - Marvell Technology MRVL.O forecast second-quarter revenue above Wall Street estimates on Thursday, driven by robust demand for custom chips powering artificial intelligence workloads in data centers.
The company expects second-quarter revenue to be $2 billion, plus or minus 5% compared with analysts' average estimate of $1.98 billion, according to data compiled by LSEG.
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