Marvell’s data center segment, which accounted for roughly 74 percent of total revenue in fiscal 2026 and grew 46 percent year-over-year to exceed $6 billion, continues to drive trader focus on the upcoming Q1 fiscal 2027 print. Robust hyperscaler demand for custom AI accelerators and high-speed interconnect solutions has produced record bookings and sequential growth expectations of around 10 percent, supporting management’s guidance for total company revenue of $2.40 billion plus or minus 5 percent. This implies data center revenue near or above $1.8 billion if historical mix holds, with 1.6T optical DSP ramps and new Tier-1 programs providing additional tailwinds. The May 27 earnings release will serve as the key catalyst, revealing actual results against these elevated baselines and clarifying whether growth is accelerating as projected into the balance of fiscal 2027.