Broadcom shares slip as Marvell targets $20B revenue
AVGO traded at $375.33 on Oct. 7, down about 0.13% from the prior close, as Marvell’s reported fiscal 2028 $20 billion revenue target keeps AI custom-chip plans in focus.
33 on Oct. 13% from the previous close. com reported that Marvell set a $20 billion revenue target for fiscal 2028, underscoring the ongoing strength in the AI spending story.