Marvell's stock price surged 14% after strong AI-driven performance. The semiconductor company Marvell, based in Santa Clara, California, reported robust financial results. The company's revenue for the fourth fiscal quarter was $2.22 billion, slightly exceeding market expectations; adjusted earnings per share were $0.80, also above analyst forecasts. The company also raised its guidance for the first fiscal quarter, expecting revenue of $2.4 billion and earnings per share of $0.79, both higher than Wall Street expectations. This is mainly due to a 40% year-over-year growth in the data center business, with interconnect products growing over 50%. In terms of annual performance, the company achieved $8.2 billion in revenue for fiscal year 2026, a 42% year-over-year increase. Following the earnings report, driven by strong AI demand and continued procurement from hyperscalers, analysts are generally optimistic about the company's prospects, with the stock price rising from $75.68 to $86.75 in after-hours trading.