Marvell: Robust Data Center Market Drives 25%+ Revenue Growth

Marvell's Data Center segment is the primary growth driver, now 73% of revenue, fueled by custom AI ASICs and interconnects, with strong partnerships at AWS and Microsoft. We expect MRVL to achieve ambitious growth targets, projecting a 41.5% 5-year CAGR for Data Center, led by custom ASIC ramp-ups and broad interconnect portfolio integration. Despite intense competition from Broadcom and Nvidia, Marvell's Teralynx Ethernet switches and vendor diversification trends position it well to capture switch market growth.