web3: Marvell quarterly collections were higher than expected, and the AI data centre income increased by 46 per cent

Marvell announced its second financial season performance, which was driven by the continued growth of AI infrastructure inputs, a rise in demand for corporate networks, interconnections and customized chip products and a further record of quarterly sales. However, this report card does not continue to drive its share price to its strong performance since this year.

The second financial season is higher than the guidelines.

According to the financial statements, Marvell's second financial season received US$ 2,739 million, an increase of 37 per cent over the same period, which is higher than the US$ 2.7 billion average that the company had previously given. The net profit was US$ 308 million in US$ 0.33 per share after amortization; the adjusted rate was US$ 0.94 per share.

The company ' s cash flow during the current season was $605.5 million, and overall performance continued to benefit from the increase in orders resulting from AI related infrastructure construction.

Data centre income reached 79 per cent

Income from data centre operations increased by 46 per cent over the same period, to approximately $2.17 billion, or 79 per cent of total receipts. Communications and other business income increased by 10 per cent over the same period to $567.8 million.

This revenue structure shows that Marvell is moving further towards an AI infrastructure supplier. As the expansion of the data centre continues, the position of webchips and customized chips in the AI computing system is rising.

The outlook for the third financial season continues to rise.

Marvell is expected to collect $3.15 billion in the third financial quarter, floating up and down 5 per cent, above the agreed expectation of approximately $3.03 billion on Wall Street. The company expects to earn $1.10 per share of the adjustment, floating up and down by $0.55, which is also higher than the analyst ' s expectation of approximately $1.07.

Prior to this, Nvidia’s latest financial report reinforced the market’s judgement that AI’s calculus investment continued to expand. For Marvell, the next focus is to translate the existing order and customized chip collaboration into sustained income growth. The company is expected to provide further information on long-term business planning at the Investor Day event on 6 October.