$MRVL (-2,04%) delivered strong Q2 numbers:
Revenue: $2.74B, up 37% YoY
Data Center revenue: $2.17B, up 46% YoY
FY27 revenue outlook raised to around $12B
So the AI infrastructure story is clearly still alive.
But the stock still dropped after hours because expectations were already very high, especially around custom AI chips and the Google opportunity.
