MRVL ▼ -3.6% - Marvell Technology, Inc. $MRVL MARVELL TECH CEO: NOW EXPECT OVERALL MARVELL REVENUE IN FY 2027 TO GROW APPROXIMATELY 45% YOY TO ROUGHLY $12 BLN - CONF CALL Marvell Technology shares declined 3.6% despite the CEO's announcement of strong expected revenue growth for fiscal 2027. On a conference call, the CEO projected the company's overall revenue will grow approximately 45% year-over-year to reach roughly $12 billion in FY2027. The market's negative reaction suggests investors may have been expecting even more aggressive guidance or may be focused on near-term execution challenges rather than the long-term growth outlook. 27-AUG-2026 04:57 PM ET