Marvell Technology executives announce revenue forecast of approximately $80 billion by fiscal year 2031
MRVL Marvell Technology Inc
$268.73 +1.08%
View chart & analysis → - 1Nvidia's CEO called Marvell Technology a future $1 trillion company earlier this year.
- 2Marvell recorded $8.2 billion in revenue for the most recent fiscal year ended in January.
- 3Marvell executives projected that revenue will reach approximately $80 billion by fiscal year 2031.
So what's the key point?
Marvell Technology stated that its revenue will reach $80 billion by 2031. The company expects to earn much more money in the future.
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