Marvell Raises FY28 Outlook to $20B on Custom AI Demand
Marvell shares rallied after raising its fiscal 2028 revenue outlook to $20B at Investor Day, driven by surging hyperscaler custom AI chip demand.
Marvell shares rallied after raising its fiscal 2028 revenue outlook to $20B at Investor Day, driven by surging hyperscaler custom AI chip demand.
Charles River raised its 2026 outlook to the high end and set 2030 goals, targeting 5% to 7% organic growth, 24% margins, and $300M+ in cost savings.