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Benzinga
Benzinga
Business
Anusuya Lahiri

UNCOVERED: Marvell set to double ai chip sales to 4 billion next year analyst projects | History Defined

Marvell Marvel Harlan Sur Nasdaq
Kanata,,Ottawa,,On,,Canada,-,October,15,,2023:,Close,Up

JPMorgan analyst Harlan Sur projects that Marvell Technology‘s (NASDAQ: MRVL) AI-related business will more than double year-over-year to $4 billion in 2025 and continue to accelerate in 2026.

He highlighted progress on Trainium 3 (3nm) at Amazon Web Services, which is on track for a 2026 high-volume ramp, and the MAIA Gen 3 (2nm/3nm chiplet – 3DSOIC) program at Microsoft (NASDAQ:MSFT), which is slated for a 2027–2028 production ramp.

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