Marvell (MRVL) Q2 FY26 earnings call

Marvell delivered record Q2 FY26 results, fueled by robust AI demand in its data center segment and a strong recovery in enterprise networking and carrier infrastructure. The company strategically divested its automotive ethernet business to sharpen its focus on the massive AI opportunity, which now drives three-quarters of total revenue. Leadership changes aim to further capitalize on AI and cloud markets, with significant design win momentum and an expanding pipeline for custom silicon.