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5G Concept

5,483.99

+24.260.44%

Number of Gainers:11

Number of Losers:6

Number of Flat:- -

PE:- -

High:5,488.01

Open:5,488.01

Low:5,442.51

Close:5,459.73

Volume:292.08M

Turnover:48.13B

Market Cap:9.64T

Float Cap:9.22T

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Apple's App Store Growth Rebounds in September; Sees Solid iPhone Demand, UBS Says

MT Newswires Live

Marvell Stock (MRVL) Soars Nearly 8% on an Impressive Revenue Guidance of Up to $90B

Marvell Technology Raises Revenue Guidance to $30 Billion Combined for 2026-27

MT Newswires Live

Marvell Hits 3-Month High After Raising FY28 Revenue Forecast

Why Marvell and Vistra Stocks Are Soaring Today – and What Wall Street Sees Next

Meta's Muse Launch Benefits AMD as AI Shift Moves Toward Personal Intelligent Agents

Marvell Stock Surges After CEO Announces Huge Long-Term Revenue Target

Marvell says sees path to $70B-$90B in annual revenue looking to FY31

Marvell sees FY29 custom revenue target $12B+

Broadcom Inc Stock (AVGO) Moved Up by 3.74% on Oct 6: Facts Behind the Movement

Marvell shares up 9.4% after providing guidance at Investor Day

Marvell Forecasts 2028 Revenue Above Estimate

Dell Technologies Inc Stock (DELL) Opened Up by 4.18% on Oct 6: Drivers Behind the Movement

Marvell Technology Inc Stock (MRVL) Opened Up by 9.96% on Oct 6: Drivers Behind the Movement

Marvell Technology Shares Gain 10.4% as Co Holds Investor Day Event

THOMSON REUTERS

Marvell CEO: We See an Approximately $400 Billion Total Addressable Market for Marvell by 2030 - Investor Day

THOMSON REUTERS

Marvell CEO: Expects Total Revenue Between $70 Bln and $90 Bln in FY31

THOMSON REUTERS

Applied Materials, Intel Collaborate on AI Chipmaking Technology Development

Dell Technologies Turns Enterprise Data into Trusted Context for AI Agents

THOMSON REUTERS

Applied Materials and Intel Collaborate to Accelerate Chipmaking Innovations for AI-Driven Computing

THOMSON REUTERS

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That would represent roughly 55% to 60% annual growth for the next half-decade.Marvell stock soared as soon as CEO Matt Murphy announced the target. Shares were up 7.2% to $290.82 in early trading Tuesday.The company has emerged as a darling of the artificial-intelligence trade over the last year, which has driven high expectations among investors. Shares have climbed nearly 250% in 2026 and now trade at about 50 times projected earnings over the next 12 months.Marvell's custom chip hardware business has been an essential part of that story. The company counts AI hyperscalers like Alphabet and Amazon.com among its custom chip customers. Of the $70 billion to $90 billion in projected 2031 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sees FY29 custom revenue target $12B+","url":"https://stock-news.laohu8.com/highlight/detail?id=2673054761","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673054761?lang=en_us&edition=fundamental","pubTime":"2026-10-06 22:16","pubTimestamp":1791296161,"startTime":"0","endTime":"0","summary":"10:11 EDT Marvell (MRVL) sees FY29 custom revenue target $12B+ Published first on TheFly – the ultimate source for real-time, market-moving 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