
Marvell Revenue Surges 37% as AI and Data Center Demand Hits $2.1 Billion
Marvell Technology, Inc.Description
What this story covers
Marvell Technology reports a 37% revenue jump to $2.1 billion, fueled by AI and data center demand. The company is strategically pivoting, divesting its automotive unit for $2.5 billion while acquiring Celestial AI for $3.25 billion.
Story snapshot
CompanyMarvell Technology, Inc.
TickerMRVL
VariantStandard detailed
Duration11:26
Filing type10-Q
PeriodQ1 2025
IndustryTechnology
Accession0001835632-25-000197
Sources1
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