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Marvell Technology raises FY2028 revenue guidance to $20 billion

The Motley Fool +2 ·

MRVL Marvell Technology Inc
$287.01 +5.81%
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  1. 1Marvell Technology shares closed at $287.01, up 5.81%.
  2. 2Marvell Technology raised its FY2028 revenue guidance to $20 billion.
  3. 3Marvell Technology set its FY2031 revenue target between $70 billion and $90 billion.

So what's the key point?

Marvell Technology raised its future revenue target to $20 billion. Shares rose 5.81% following this news.

Source The Motley Fool +2 · View original ↗

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