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Marvell Technology Targets Up to $90B Revenue by 2031

Original: Marvell Technology Targets Up to $90B Revenue by 2031 as AI Demand Accelerates

Marvell Technology says it is aiming for revenue of up to $90 billion by 2031, a projection driven by accelerating demand for artificial intelligence infrastructure. The semiconductor company's long-range target signals confidence that spending on AI networking and custom chips will keep expanding sharply, and the news is drawing attention from investors tracking how much of the AI buildout Marvell can capture.

Why now: Investors are focused on which chipmakers stand to benefit from surging AI infrastructure spending.

Marvell Technology

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