Marvell Technology Stock Poised for Surge Amid Strong Custom Chip Growth and Rumored Google Partnership Talks, Analysis Suggests
The Motley Fool analysis indicates that Marvell Technology (MRVL) is becoming a custom chip partner for major cloud service providers. Its custom chip business is projected to contribute approximately $1.5 billion in revenue in fiscal year 2026, accounting for 18% of total sales. This is expected to grow over 20% in fiscal year 2027 and double in fiscal year 2028. The company's data center revenue increased by 69% year-over-year to approximately $1.5 billion, with over 90% related to AI and cloud. Reports this summer suggested that Google is in talks with Marvell for new inference TPUs and memory processing unit collaborations, a move that could further boost Marvell's stock price. Marvell's stock price has roughly doubled in 2026, peaking over $300, with revenues reaching approximately $8.195 billion.
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