The chipmaker anticipates a revenue increase of approximately 50% year-over-year to $18 billion in fiscal year 2028, surpassing its previous forecast of $16.5 billion. Investors had high expectations for Marvell's collaboration agreement with Google, valued at up to $12.2 billion, but the company's limited disclosure of details regarding its fiscal year 2028 outlook dampened market sentiment. Matt Murphy, Chairman and CEO of Marvell, stated that the performance growth was driven by sustained strong demand for its data center product portfolio, with AI-related orders remaining exceptionally robust.