Chipmaker Marvell announced on its Q2 FY2027 earnings call on August 27 that its data center business continues to grow, and it has raised its full-year outlook for the second consecutive quarter. The company now expects FY2027 revenue to be approximately $12 billion, up from the previous estimate of $11.5 billion; and FY2028 revenue to be approximately $18 billion, an increase of $1.5 billion from the prior forecast. Marvell also disclosed an expanded agreement with a major hyperscaler, with potential cumulative revenue reaching approximately $120 billion over about six years.