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Marvell Technology forecasts $90 billion in revenue for fiscal year 2031

The Motley Fool +1 ·

MRVL Marvell Technology Inc
$275.28 +0.23%
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  1. 1Marvell Technology expects to grow its business scale 10-fold in just five years.
  2. 2The company forecasts an annual growth rate of 65% in the interconnect market from 2025 to 2030.
  3. 3Marvell Technology signed a contract with Google for a revenue scale of up to $120 billion through fiscal year 2033.

So what's the key point?

Marvell Technology signed a very large contract with Google. The business scale is expected to grow 10 times larger in the future.

Source The Motley Fool +1 · View original ↗

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