Marvell Set To Double AI Chip Sales To $4 Billion Next Year, Analyst Projects
1. MRVL's AI business projected to double to $4 billion by 2025. 2. Progress on Trainium 3 and MAIA Gen 3 chips supports future revenue. 3. July-quarter revenue expected at $2.05 billion, October-quarter at $2.1 billion. 4. Automotive Ethernet sale impacts near-term EPS, while buybacks may boost long-term. 5. Strong demand for optical DSPs linked to Nvidia and Alphabet's infrastructure.