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What To Expect From Marvell’s AI Event Thursday [Video]

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Integrated Solutions Offering

Marvell Technology (MRVL) is set to host its artificial intelligence (AI) event Accelerated Infrastructure for the AI Era on Thursday, with analysts expecting the company to offer insights on its custom AI chip customers and its AI optics leadership. The event could also serve as an opportunity for Marvell to highlight what sets it apart from competitors and its position to gain amid the AI boom.

Marvell could use the event to reinforce its strengths in custom chips compared to lower-priced Taiwan rivals, according to Bank of America analysts.

The analysts projected the general accelerator market could double year-over-year to $90 billion by the end of 2024 and then double again by the end of the 2027 calendar year.

While Broadcom (AVGO) currently dominates the custom chip market, accounting for around 75% of the custom chip market in 2024, Bank of America said it expects Marvell “to become more relevant and eventually claim over 10% share …

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