(Reuters) – Chipmaker Marvell Technology forecast first-quarter revenue above estimates on Wednesday, driven by robust demand for custom chips from businesses aiming to optimize AI workloads.
The company expects first-quarter revenue to be $1.88 billion, compared with analysts’ average estimate of $1.87 billion according to data compiled by LSEG.
(Reporting by Priyanka.G in Bengaluru; Editing by Krishna Chandra Eluri)
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