Marvell Technology (MRVL) Lifts 2031 Revenue Goal To $70 Billion To $90 Billion

Marvell Technology (NasdaqGS: MRVL) issued new long-term guidance targeting US$70b to US$90b in revenue for fiscal 2031. Management framed the outlook around rising demand for AI-focused custom chips and data center connectivity products. The group also updated its fiscal 2026 and 2027 revenue outlook, aligning nearer-term expectations with its longer horizon AI plans. Marvell's aggressive fiscal 2031 revenue goal is important context, but investors should weigh far more than this guidance...