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Marvell Technology (MRVL) Q2 Earnings Preview: AI Chip Demand in Focus
Marvell Technology (MRVL) Q2 Earnings Preview: AI Chip Demand in Focus
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BTCCSquare news:
Marvell Technology gears up for its Fiscal Q2 2026 earnings report on August 28, with Wall Street anticipating a 123% EPS surge to $0.67 and revenue growth of 58% to $2.01 billion. The chipmaker’s custom AI solutions for data centers remain a key driver, though tariff pressures and U.S.-China trade tensions have dragged shares down 34% YTD.
Susquehanna analyst Christopher Rolland maintains a Buy rating with a $90 target, citing hyperscalers’ robust capital expenditure plans as a tailwind for AI-related demand. Margin compression risks loom as Marvell scales its custom silicon offerings.
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