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美 静 Mei Jhing
🔥 Marvell just beat expectations — but Broadcom still looks like the cleaner AI winner.
$MRVL delivered a strong quarter, with Q2 revenue hitting $2.739B, up 37% YoY, while Data Center revenue jumped 46%. Even better, Q3 revenue was guided to around $3.15B ±5%.
But there’s a catch. 👀
Non-GAAP gross margin came in at 58.9%, with next quarter guided down to 57.5%–58.5%. The custom AI ramp is clearly gaining traction, but the growth is also bringing some margin pressure.
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