# Marvell Technology AI Growth Story

> Marvell Technology's AI chip demand surges as earnings beat expectations.
- Title: Marvell Technology AI Growth Story · 24/7 Wall St. | Shortify
- Summary: Marvell Technology's AI chip demand surges as earnings beat expectations. Marvell Technology's AI networking business is expanding rapidly with 75% data…
- Keywords: marvell, data center, google, nvidia, amd, ai networking, Technology, Growth, Story, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/19/marvell-technology-will-heat-up-very-soon-and-im-buying-in-advance
- Author: Alex Sirois
- Published: 2026-10-19T14:45:28+00:00
- Read time: 1 min
- Topics: marvell, ai, data center, google, nvidia, amd, ai networking
## Marvell Technology Selloff
Marvell Technology shares fell 17.24% in the week ended October 16 to $227.83 after a 168.54% year-to-date run.
## AI Networking Focus
Marvell builds parts that let AI chips talk including optical DSPs, Ethernet switches, and custom silicon for hyperscalers.
## Bandwidth Demand Growth
Data Center revenue grew 21% in Q4 FY2026, then 27%, then 46% last quarter with Q3 growth at 75% year-over-year.
## Google Partnership
Marvell granted Google a warrant to acquire up to 7% of shares tied to revenue targets for custom business growth.
## Margin Expansion
Non-GAAP operating margin rose to 36.6% from 34.8% with Q4 target of 38% to 40%.
## Competitor Comparison
NVIDIA has $279 billion supply commitments while AMD trades at a P/E of 199 with lower AI focus.
## What to Watch Next
Data Center growth expected to top 60% in fiscal 2028 with bookings and margins to be monitored.
## Key takeaway

Marvell Technology's AI networking business is expanding rapidly with 75% data center growth and a Google partnership.