Marvell Technology raised its fiscal 2028 revenue outlook to approximately $20 billion and set a fiscal 2031 target of $70-90 billion. The increases reflect expected growth in AI networking and optical connectivity demand.
The company expects the next phase of AI growth to drive substantially more demand for networking and optical connectivity.
https://x.com/MarvellTech/status/2107534669675929879
Marvell plans to extend existing ties with hyperscalers through switches, optics, and custom chips that surround AI processors.
Tap a lens to see what this story means for you.
Liked this? The Brief brings you the whole day in tech, verified, every morning.
Two minutes, free forever. What's in The Brief →
See what’s happening right now
The Feed runs all day — short, verified briefs the moment they break.
Open the FeedFollow @thecircuitry_
Every story we publish, as it happens. No noise between.
Reader-supported
The Circuitry is a passion project I've always wanted to build, and I love the work behind it.
Running it costs real money. APIs, hosting, time. To keep improving the site and growing this into something useful for everyone, those costs have to be covered.
Any contribution is appreciated. If not, no pressure. Thanks for reading.
According to reporting, Biren Technology is preparing its next-generation BR20X GPU for mass production. The move advances a domestic AI accelerator roadmap built on broader low-precision support and locally available manufacturing.
SpaceX is seeking $40 billion in debt financing led by Apollo Global Management to buy Nvidia AI chips, with talks still early and a possible 2027 close. The move highlights the scale of capital required for AI infrastructure expansion across Musk's companies.
Mistral launched its 1-trillion-parameter open model ML4, claiming it leads all open-weight systems developed outside China. The release highlights intensifying competition between Western and Chinese developers in accessible AI models.
Elon Musk said on October 4 that SpaceXAI will be renamed SpaceXSI, adopting "SI" for super intelligence after President Trump's push to drop "AI."
Amazon, OpenAI, and game studios released product updates this week. The items include refreshed e-readers, an AI agent, a game remaster, and new wired earbuds.
