Marvell Technology
MRVLQ3 2023(MRVL Q2 FY2024)Estimated8% AI
AI Revenue %
8%
AI Fair Value
$3.5B
AI Revenue (Q)
$92.9M
Total Revenue (Q)
$1.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Data Center revenue was $459.8M (34% of $1,340.9M total). Data center revenue beginning to recover as AI demand accelerated. Estimating ~25% of DC revenue was AI-related: $459.8M x 0.25 = $115.0M. $115.0M / $1,340.9M = 8.6%, rounded down to 8%. No AI-specific disclosure in filing.
Analyzed by claude-opus-4-6
Quoted Figures
Data center $459.8 34%
Note 2 Revenue, net revenue disaggregated by end market, 10-Q for Q ended Jul 29, 2023
Net revenue $1,340.9
Condensed Consolidated Statements of Operations, 10-Q for Q ended Jul 29, 2023
AI Products Identified (Ring 1)
Custom AI accelerators (ASICs)PAM4 DSPsAI networking electro-optics
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Enterprise networking switchesCarrier infrastructureCloud storage controllers (non-AI)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix