Marvell Doubles Credit Facility to $3B With $2B Accordion
Marvell Technology doubled its revolving credit facility to $3 billion with Bank of America, adding a $2 billion accordion and M&A leverage step-up.
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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.