Marvell
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Marvell Q2 FY27 earnings results beat revenue expectations, but miss EPS whisper number
Marvell Technology exceeded revenue expectations for Q2 FY27, reporting $2.74 billion in revenue, driven primarily by its $2.17 billion data center business. While the company beat analyst consensus for earnings-per-share (EPS), it fell short of the Earnings Whisper expectation. Despite a slight dip in after-hours trading, Marvell's strong performance in the booming AI and data center component market positions it well for future growth, with a forecast of $3.15 billion in revenue for Q3 FY27.
Evening Reading - August 19, 2026
This edition of Evening Reading covers various gaming news, including updates on Stalker 2: Heart of Chornobyl, Tekken 8, and Subnautica 2. It also highlights the launch of a new studio by former Arkane leads and mentions upcoming titles like Kingdom Hearts 4 and The Witcher 4. The article includes links to reviews and discussions on other internet content.
Google (GOOGL) to buy up to $12.2 billion shares in US chip firm Marvell (MRVL)
Google is set to invest up to $12.2 billion in Marvell stock and partner with the semiconductor firm to develop custom chips for AI infrastructure. This strategic move involves Google purchasing up to 59.97 million Marvell shares through fiscal year 2033, aiming to bolster Google's AI capabilities.
