Marvell set a fiscal 2031 revenue target of $70 billion to $90 billion, a 55% to 60% compound annual growth rate from $8.2 billion in fiscal 2026, and said the model implies non-GAAP EPS above $30. It raised its fiscal 2028 revenue outlook to about $20 billion from $18 billion, bringing its $18 billion data center target forward a year, and raised its fiscal 2029 custom revenue target to more than $12 billion from more than $10 billion on the XPU attach opportunity.
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