Marvell (MRVL) Data Center Revenue Surges 46% in Q2 FY2027
As seen on the 24/7 Wall St. homepage on August 27, 2026.
Marvell delivered record second-quarter fiscal 2027 revenue of $2.739 billion, up 37% year over year, driven by continued strong demand across our Data Center portfolio, where revenue growth accelerated to 46% year over year.
Data center growth is accelerating: Murphy's segment is now outrunning the company's overall pace, evidence AI infrastructure budgets are spreading past the biggest chipmakers. For a $211.7 billion company still treated as a second-tier custom silicon play, that gap matters.
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Marvell's data center segment grew 46% year over year in the second quarter of fiscal 2027, meaningfully outpacing the company's overall growth rate.
When a single business unit accelerates faster than the whole, product mix is shifting in its favor and the customers spending there are deepening their commitments.
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For Marvell, long seen as a secondary player in custom silicon, that growth rate is a concrete rebuttal to the narrative. AI infrastructure spending is broadening into specialized networking and compute silicon providers.
Marvell's market capitalization stood at $211.7 billion at the time of the report, so the market has already assigned considerable credit for its AI positioning. Whether that valuation expands depends on the data center momentum holding into the back half of fiscal 2027.
Sources
Mentioned: MRVL