Marvell Forecasts Major AI Growth, Aims to Capture 20% Share of $75B Market by 2028
• Announced 3rd AI hyperscale customer, meaning 3 out of 4 use Marvell tech
• Projects 30% of 2025 revenue, around $1.5B, to be AI-related, triple prior year
• Aims to double market share to 20% as market grows to $75B by 2028
• Growth driven by custom AI chips and accelerated compute segment
• One of few successfully scaling silicon photonics, strong optics position