Marvell's data center business sees explosive growth

2024-12-26 21:38
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Marvell's data center business has seen explosive growth and is now more than offsetting weakness in the company's traditional business units. This quarter, data center sales nearly doubled year-over-year to $1.1 billion, and Marvell predicts that data center revenue will account for about 72% of its total revenue by the end of its fiscal year in January next year.