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Marvell Technology (MRVL) Q1 FY2027 revenue increased by 27.6% to $2.418 billion, and management expects full-year FY2027 revenue growth to accelerate.
The company, which provides custom chips and optical networking solutions for hyperscale data centers, reported data center revenue of $1.833 billion, accounting for 76% of its total revenue. Marvell CEO Matt Murphy stated that revenue growth is expected to accelerate quarter-over-quarter throughout fiscal year 2027. Additionally, free cash flow in the first quarter increased by 126.8% year-over-year to $483.1 million. NVIDIA CEO Jensen Huang once called Marvell "the next trillion-dollar company."
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Source：Yahoo财经 · Source Link
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