Marvell: the custom-chip challenger, buying the laser maker
Watching: real custom-silicon growth and a Google deal, but 18 months of merger, dilution and a customer base that is still forming.
Q2 FY27 revenue $2.74B (+37%); data centre 79%; non-GAAP gross margin 58.9%.
Google agreement across five product lines; FY28 target raised to $20B.
ai-infrastructuresemiconductorscustom-silicon