ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/marvell-technology” target=”_blank”>Marvell Technology forecast second-quarter revenue above Wall Street estimates on Thursday, betting on strong demand for its custom chips powering artificial intelligence workloads in data centers.
Demand for ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/custom-ai-chips” target=”_blank”>custom AI chips continues to fuel growth, while networking chips and electro-optics have also seen robust order momentum. These advancements help hyperscalers seeking to scale their infrastructure to support ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-workloads” target=”_blank”>AI workloads.
Marvell said in its post-earnings call that it expects AI tailwinds to remain strong, driven by robust hyperscaler spending,…
