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Chipmaker Marvell forecasts second-quarter revenue above estimates
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Chipmaker Marvell forecasts second-quarter revenue above estimates
May 29, 2025 1:23 PM

May 29 (Reuters) - Marvell Technology ( MRVL ) forecast

second-quarter revenue above Wall Street estimates on Thursday,

driven by robust demand for custom chips powering artificial

intelligence workloads in data centers.

The company expects second-quarter revenue to be $2 billion,

plus or minus 5% compared with analysts' average estimate of

$1.98 billion, according to data compiled by LSEG.

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