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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
~$95B
P/E ratio
~40×
Div yield
~0.2%
Revenue (FY26)
$8.2B
Rev. growth
+42%
Data center mix
~75%
Custom AI rev (FY26)
~$1.5B
Profit margin (GAAP)
thin
In plain English
Marvell is a fabless chip designer that has reinvented itself as a pure data-center and AI-infrastructure company. It co-designs custom AI accelerators (XPUs) for the cloud giants — Amazon's Trainium, Microsoft's Maia — and supplies the optical interconnects (from its $10B Inphi deal), Ethernet switches and storage controllers that wire AI clusters together. It is Broadcom's closest head-to-head rival in custom silicon, and joined the S&P 500 in June 2026.
In simple terms
What Marvell Technology really sells
Marvell is a fabless chip designer that has reinvented itself as a pure data-center and AI-infrastructure company. It co-designs custom AI accelerators (XPUs) for the cloud giants — Amazon's Trainium, Microsoft's Maia — and supplies the optical interconnects (from its $10B Inphi deal), Ethernet switches and storage controllers that wire AI clusters together. It is Broadcom's closest head-to-head rival in custom silicon, and joined the S&P 500 in June 2026.
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