… To put some numbers on it, in our model running from February 2008 through August 2024, Marvell had total revenues of $54.91 billion, but only had $1.11 billion in operating revenues and thanks to some asset sales had net income of $1.8 billion. …
… The third key deal is the $1.1 billion acquisition of hyperscale Ethernet switch ASIC maker Innovium in August 2021 , which has given Marvell a business that Matt Murphy told Wall Street this week on a call going over the numbers for Q4 F2026 that drove over $300 million in business in the year end… …
… Our model shows the Instinct GPU business growing by 64 percent to a smidgen above $1.9 billion in the March quarter, which is great, but it also is a 28.2 percent sequential decline from the record $2.65 billion AMD racked up in datacenter GPU sales in Q4 2025. …