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Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth

CNBCView source article

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Marvell raises annual forecast but shares fall on Google AI deal timing concerns

Marvell Technology raised annual forecasts on strong AI chip demand but shares fell 8% as investors sought more clarity on the timing and scale of revenue from its major Google AI chip agreement.

Aug 27, 2026·3 sourcesSemiconductor industryBusiness & enterprise AICompute, chips & AI infrastructureAI startups
Marvell raises annual forecast but shares fall on Google AI deal timing concerns
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Other sources for this story

Reuters

Marvell raises annual forecasts, but shares fall as Google deal questions linger | Reuters

Reuters

Marvell shares slide as concerns over timing of Google AI deal revenue eclipse strong results | Reuters

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