Marvell lifts custom AI chip revenue outlook to $12B by fiscal 2029 as Google deal seen generating up to $120B through 2033
AI Market Summary
Marvell raised its outlook for custom AI chip revenue to $12B by fiscal 2029, while indicating its Google partnership could generate up to $120B through 2033. The update reinforces sustained demand for data-center AI silicon and improves visibility for long-duration hyperscaler programs. Near term, the news can support positive positioning across AI infrastructure and semiconductor supply-chain equities, with MRVL most directly impacted.
Impact level
● Medium
Affected assets
NCSKMRVL2USD/USDT-2.44%
AI Insight · NCSKMRVL2USD/USDTAI Insight
▲ Bullish
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Marvell said it now expects $12 billion in custom AI chip revenue by fiscal 2029. The company said its partnership with Google could generate up to $120 billion through 2033. The updated outlook points to sustained demand for data-center AI chips.
